Gold prices continue to rise in Jordan Gold price for 21-karat reached 98.4 dinars

Gold prices in the local market recorded a new increase on Thursday, amid the continued impact of regional economic and political developments on global markets. This has directly affected supply and demand dynamics, as well as investor trends toward gold as a safe haven.

According to the preliminary bulletin issued by the General Syndicate of Owners of Jewelry and Goldsmith Shops, the selling price of one gram of 21-karat gold, the most demanded among citizens, reached about 98.40 dinars for selling purposes in jewelry stores, compared to 94 dinars for buying purposes.

Anticipation amid regional tensions

The bulletin also showed the prices of other gold karats, where the selling price of 24-karat gold reached about 112.60 dinars, 18-karat at 87.10 dinars, and 14-karat at 68.10 dinars, amid cautious monitoring from market traders.

This price fluctuation comes at a time when the region is witnessing a state of political anticipation and escalating tensions in several regional files. This is pushing global and local investors to reassess their positions, which directly reflects on gold prices as one of the most important safe-haven assets during times of instability.

Experts believe that continued uncertainty in the regional political landscape may keep gold prices within a volatile range in the coming period, as markets await further developments that could reshape global economic trends, especially given gold’s strong correlation with the US dollar and global interest rates.