Gold prices rise by 1 dinar and 10 qirsh 21-karat gold reaches 92.8 dinars on Monday

Local gold markets on Monday witnessed a state of anticipation and fluctuation that was directly reflected in pricing activity, as the yellow metal recorded a new increase that drew the attention of market participants amid ongoing global volatility that continues to weigh on local prices.

According to the daily pricing issued by the General Syndicate of Owners of Jewelry and Goldsmith Shops, the price of one gram of gold increased by 1 dinar and 10 qirsh, in a clear indication of the continuation of an upward trend that raises many questions about the coming days.

The selling price of 21-karat gold, the most in demand among Jordanians, reached 92.8 dinars per gram in jewelry shops, while the buying price stabilized at 88.3 dinars, reflecting the usual market margin but also reopening discussions about optimal buying and selling timing amid the renewed rise.

On the other hand, 24-karat gold, the purest form, recorded a selling price of 106.5 dinars per gram, while 18-karat gold continued its upward movement to reach 82.2 dinars, reflecting a gradual increase across all categories without exception, increasing caution among both consumers and traders.

Between these rising figures, the market remains governed by a mix of anxiety and anticipation, as participants monitor any signals that could push prices further up or reverse them downward, especially given gold’s sensitivity to rapidly changing external factors that immediately impact the local market.

In this volatile landscape, gold remains both a safe haven and a source of concern for consumers, who now face increasingly cautious and complex purchasing decisions, as the precious metal continues to chart an unstable path with no clear signs of near-term stabilization.