Price of gold soars in Jordan

Jordan

Published: 2020-07-29 12:22

Last Updated: 2020-07-29 12:28


Price of gold soars in Jordan
Price of gold soars in Jordan

The price of gold in Jordan rose to unprecedented levels on Wednesday.

People in Jordan are choosing to sell rather than buy gold items due to the difficult economic situation.

The sale price of one gram of 21-carat gold, the most popular choice of carat in Jordan, is now JD 39.50.

Additionally, the price of one gram of 24-carat gold is JD 46 and a gram of 18-carat gold stands at JD 35.

There are 850 gold merchants and goldsmiths throughout the Kingdom, who together have a minimum of JD 5 billion worth of gold.

Gold prices rose to unprecedented levels on Monday in Asian markets due to the coronavirus pandemic and the geopolitical tensions between the United States and China.