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اقرأ بالعربية
اقرأ بالعربية

Marriage in Jordan: Impact of rising golds price on “Mahr”

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Published :  
20-07-2024 16:26|

The rising prices of gold in Jordan are having a significant impact on “Mahr” – a distinct form of dowry which is a legal obligation for all Islamic marriages. 

As gold prices keep climbing globally and in Jordan, many prospective couples and their families struggle to meet the high costs of marriage. 

This increase in gold prices leads to higher Mahr costs, imposing a considerable financial burden on many families. It may also delay marriages or lead to changes in customs and traditions, with families starting to reduce the amount of gold required or seeking less expensive alternatives due to financial capacities.

A source from the the General Syndicate For Owners Of Trade Shops And Jewelry Craftsmen (JJSJO) told Roya that the local market's buying and selling activity is very weak, noting that the activity has declined by up to 70 percent compared to during the COVID-19 pandemic.

He said that during the first six months of this year, the Ministry of Industry and Trade stamped approximately 3,168 kilograms of gold in coins and bullion, compared to 58 tons and 600 kilograms in the same period last year.

Regarding the average prices of gold sets, the source added that the cheapest gold set weighing about 35.5 grams currently costs around 2,000 Jordanian dinars with the current price increase.

Local and Global Silver Prices

GramSelling PricePurchase Price
24 G
unavailable
unavailable
21 G
unavailable
unavailable
18 G
unavailable
unavailable
14 G
unavailable
unavailable
Rashadi Lira
unavailable
unavailable
English Lira
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Last Update:
  • The prices listed above are in accordance with the Jordanian Jewelers Syndicate.
  • The currency for the figures mentioned above is the Jordanian Dinar.
  • The red and green arrows indicate increases and decreases compared to the previous day.
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