Eyes turn toward gold markets amid political developments Gold gram of 21 karat reached 95.7 dinars

Amid increasing global and public anticipation, attention is turning toward gold markets, which are witnessing clear fluctuations, as markets await the impact of ongoing political developments on price trends in the coming period, while economists link political movements to global market volatility.

Locally, the selling price of one gram of 21-karat gold in the local market on Thursday reached 95.7 dinars for selling at jewelry shops, compared to 91.3 dinars for buying, according to the bulletin issued by the General Association of Owners of Jewelry and Goldsmith Shops.

The bulletin also showed that the price per gram of 24, 18, and 14 karat gold for selling at jewelry shops reached 109.8 dinars, 84.9 dinars, and 66.4 dinars respectively, reflecting continuous market changes in line with global market movements.

Political developments

This economic scene comes at a time when the world is witnessing notable political developments, including U.S. President Donald Trump’s announcement of extending the ceasefire between Lebanon and Tel Aviv for three weeks, following a high-level meeting held at the White House with international and regional participation.

During the meeting, which brought together Israel’s ambassador in Washington Yechiel Leiter and Lebanon’s ambassador to the United States Nada Mawaad, along with senior U.S. officials, a second round of talks was held under American mediation, following a day of escalation that resulted in the killing of five people, including a journalist, in Israeli airstrikes.

Trump confirmed via his Truth Social platform that the meeting “went very well,” noting continued U.S. cooperation with Lebanon at this stage, expressing optimism about hosting Israeli and Lebanese leadership in the near future.

These rapidly evolving political developments, according to observers, indicate a state of uncertainty that directly reflects on global gold markets, as gold is considered one of the most important safe-haven assets investors turn to during times of tension, increasing public and economic anticipation for price movements in the coming days.