Economic fluctuations affect gold prices 21-karat gold reached Tuesday 95.50 dinars

Local markets in Jordan witnessed a new rise in gold prices on Tuesday, bringing back a state of anticipation and caution to the Jordanian street, amid close monitoring by citizens of the yellow metal, which is considered a safe haven during periods of economic fluctuations, amid the ongoing political tensions in the region.

According to the General Syndicate of Owners of Jewelry and Goldsmith Shops, the selling price of one gram of 21-karat gold reached about 95.50 dinars for selling from jewelry shops, compared to 91 dinars for buying, reflecting continued price volatility.

The price of 24-karat gold also rose to 109.6 dinars, while 18-karat gold recorded about 84.7 dinars for selling, amid rapid changes in the local market linked to global prices and supply and demand movements.

Public anticipation

In this context, Jordanians are increasingly waiting for any possible price stability, especially with the approach of social occasions and seasonal buying cycles, as many prefer to postpone purchasing decisions in hopes of prices declining again.

This public anticipation reflects a state of economic caution among citizens, given the direct impact of rising gold prices on purchasing power and savings, making daily market monitoring essential for a wide segment of Jordanians.