Gold prices in Jordan continue to rise

Economy

Published: 2020-08-05 15:55

Last Updated: 2020-08-05 15:55


Gold prices in Jordan continue to rise
Gold prices in Jordan continue to rise

The price of gold surged to further unprecedented levels on Wednesday, amid economic turmoil and a weakening US dollar resulting from the COVID-19 crisis.

The selling price for the 21-carat gold – the most popular carat among locals – has reached JD 40.80 per gram, while the 18-carat and 24-carat gold increased to JD 36.20 and JD 47.70 per gram respectively.

There are approximately 850 jewellers across Jordan with a capital of at least JD 5 billion.