Gold price for 21 karat reached around 92.30 dinars The precious metal is under investors’ close scrutiny

Amid broad public anticipation and noticeable movements in the precious metals markets locally and globally, gold prices in the local market on Saturday remained stable at relatively high levels, as citizens and investors closely monitored fluctuations in the yellow metal.

According to data from the General Syndicate of Owners of Jewelry and Goldsmith Shops, the selling price of one gram of 21-karat gold—the most in demand among citizens—reached about 92.30 dinars for retail sale in jewelry stores, compared to 87.90 dinars for buying purposes.

The price of one gram of 24-karat gold recorded around 106 dinars for sale in jewelry stores, while 18-karat gold reached about 81.8 dinars per gram, reflecting continued price fluctuations within limited ranges.

This stability comes amid ongoing impact from global changes in gold prices, along with movements in the US dollar and international interest rates, making the precious metal a focal point for investors as a safe haven during times of economic uncertainty.

Financial market experts believe that gold continues to maintain its attractiveness as a safe haven, especially amid rising concerns over a possible global economic slowdown, prompting many to monitor prices daily to make timely buying or selling decisions.