Ammonnews : Gold Prices Fall Locally to JD 81.2 per Gram
Gold prices in Jordan edged lower on Tuesday, with the benchmark 21-karat rate slipping by 50 piasters per gram. The latest price list used by jewelry shops shows a modest retreat following recent fluctuations in the local market.
For retail buyers, a gram of 21-karat gold is now offered at JD 81.20. The buyback price—what jewelry shops pay when purchasing from the public—stands at JD 77.80 for the same karat, reflecting the typical spread between retail and purchase rates.
Current shop selling prices by karat
- 24-karat: JD 93.00 per gram
- 21-karat: JD 81.20 per gram
- 18-karat: JD 71.90 per gram
- 14-karat: JD 54.60 per gram
The 50-piaster dip in 21-karat suggests a mild cool-off rather than a sharp correction. While the selling rates guide consumers at retail counters, the lower buyback price highlights the standard margin applied by shops to cover refining, handling, and operational costs.
Shoppers comparing options should note that workmanship and design fees are separate from the raw gold price and can vary widely by item. Those planning to sell back jewelry may also want to verify the posted buyback rate for the specific karat before visiting a shop, as these figures can be updated during the day in response to market movement.
Overall, the market remains stable, with minor day-to-day adjustments across major karats. Buyers looking for pure bullion typically watch the 24-karat quote, while many jewelry purchases in Jordan continue to center on 21-karat pieces due to their balance of purity and durability.
