The selling price of 21-karat gold, the most sought-after by citizens in the local market, reached 88.30 JOD per gram on Saturday for selling from jewelry shops, compared to 84.30 JOD for buying. The price per gram for 24-karat and 18-karat gold reached 101.20 JOD and 78.20 JOD respectively for purchase from jewelry shops. Head of the General Syndicate of Owners of Jewelry and Goldsmith Shops, Rebhi Allan, stated that the 7-gram Rashadi sovereign reached 632 JOD, while the 8-gram English sovereign reached 710 JOD. He explained that demand for gold jewelry in the local market dropped from a good level to a weak level, while demand remains very weak for gold ounces and bullion. He noted that the yellow metal closed its weekly global trading on Friday evening at $4,350 per ounce. Source: Rum News Agency
The selling price of 21-karat gold, the most sought-after by citizens in the local market, reached 88.30 JOD per gram on Saturday for selling from jewelry shops, compared to 84.30 JOD for buying. The price per gram for 24-karat and 18-karat gold reached 101.20 JOD and 78.20 JOD respectively for purchase from jewelry shops. Head of the General Syndicate of Owners of Jewelry and Goldsmith Shops, Rebhi Allan, stated that the 7-gram Rashadi sovereign reached 632 JOD, while the 8-gram English sovereign reached 710 JOD. He explained that demand for gold jewelry in the local market dropped from a good level to a weak level, while demand remains very weak for gold ounces and bullion. He noted that the yellow metal closed its weekly global trading on Friday evening at $4,350 per ounce. Source: Rum News Agency
The selling price of 21-karat gold, the most sought-after by citizens in the local market, reached 88.30 JOD per gram on Saturday for selling from jewelry shops, compared to 84.30 JOD for buying. The price per gram for 24-karat and 18-karat gold reached 101.20 JOD and 78.20 JOD respectively for purchase from jewelry shops. Head of the General Syndicate of Owners of Jewelry and Goldsmith Shops, Rebhi Allan, stated that the 7-gram Rashadi sovereign reached 632 JOD, while the 8-gram English sovereign reached 710 JOD. He explained that demand for gold jewelry in the local market dropped from a good level to a weak level, while demand remains very weak for gold ounces and bullion. He noted that the yellow metal closed its weekly global trading on Friday evening at $4,350 per ounce. Source: Rum News Agency
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Gold at 88.30 JOD per Gram Amid Weak Local Market Demand
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