Amman: Gold prices in the Kingdom remained stable on Saturday, with 21-karat gold the preferred grade among local buyers priced at JD 54.60 per gram in retail sales, and JD 52.60 for buyback transactions, according to the latest market rates. According to Jordan News Agency, prices for other popular gold grades also held firm, with 24-karat gold selling at JD 63 per gram and 18-karat gold at JD 48.60. Ribhi Allan, President of the Jordanian Jewelers and Goldsmiths Syndicate, reported that the iconic 7-gram Rashadi lira is currently priced at JD 382, while the 8-gram English lira is listed at JD 437. Allan noted to the Jordan News Agency (Petra) that local trading activity remains subdued, with demand and supply on the softer side in Jordan's gold market. Globally, gold closed its weekly trading session on Friday at $2,684 per ounce, reflecting continued international interest in the precious metal.
Related Articles
ASE Closes with 0.08% Decline
The Amman Stock Exchange (ASE) concluded its trading session on Monday with a slight decline of 0.08%, closing at 2,391 points.
A total of 4.5 million shares were traded during the session in a turnover of JD4.2 million across 2,052 transactions.
Th…
Women in Climate Action Conference to Empower Role in Sustainability Kicks off
Amman: The “Women in Climate Action Conference” kicked off Wednesday organized by the Sustainable Environmental Values Foundation and the Forum of Federations, with the support of the Canadian government. The conference aims to explore ways to enhance…
EU expresses deep concern over possible Israeli ban on UNRWA`s work in Jerusalem
The European Union has expressed deep concern over a draft law banning the work of the United Nations Relief and Works Agency for Palestine Refugees (UNRWA) in Jerusalem, which is likely to reduce aid distribution in the war-torn Gaza Strip.
In a sta…