Gold Price Today in Jordan in Jordanian Dinar (JOD)

Friday, 11 October 2024, 3:39 PM

1,879.58 Jordanian Dinar/Ounce
Live
2,652.52 U.S. Dollar/Ounce
Gold ounce price in Jordan is 1,879.58 Jordanian Dinar per ounce, Gold gram price is 60.44 Jordanian Dinar per gram karat 24, 55.40 Jordanian Dinar per gram karat 22, 52.88 Jordanian Dinar per gram karat 21, 45.33 Jordanian Dinar per gram karat 18.

Gold Price in Jordan in Jordanian Dinar

Gold Unit Jordanian Dinar U.S. Dollar
Gold Ounce 1,879.58 2,652.52
Gold Gram Karat 24k 60.44 85.29
Gold Gram Karat 22k 55.36 78.13
Gold Gram Karat 21k 52.88 74.63
Gold Gram Karat 18k 45.33 63.97
Gold Gram Karat 14k 35.36 49.89
Gold Gram Karat 12k 30.22 42.65
Gold Gram Karat 10k 25.20 35.57
Gold Gram Karat 9k 22.66 31.98
Gold Gram Karat 8k 20.13 28.40

Gold Karats Commonly Used in Jordan

In Jordan, gold is a significant part of the culture, often used in jewelry and traditional adornments. The most commonly used gold karats are 24K, 21K, and 18K.

24K gold is the purest form of gold, consisting of 99.9% gold content. It is highly valued for its rich color and luster, making it a popular choice for gold coins and investment pieces. However, due to its softness, it is not commonly used for jewelry that requires durability.

21K gold contains 87.5% gold and is the most popular choice for jewelry in Jordan. It strikes a balance between purity and hardness, making it suitable for creating intricate designs while maintaining a respectable gold content.

18K gold has a gold content of 75% and is also common but less preferred than 21K in Jordan. It is often used for more elaborate designs and offers a wider range of colors, including white and rose gold due to the alloying metals used.

As a result, Jordanian consumers tend to favor the warmth and value of 21K and 24K gold in their traditional and contemporary jewelry.

Gold Price Chart in Jordan

How Gold Price is Determined in Jordan

The price of gold in Jordan is influenced by various factors that reflect both global and local market conditions. International gold prices, driven by supply and demand dynamics on major exchanges, serve as a primary reference point. These prices are often quoted in US dollars and fluctuate based on global economic trends, geopolitical events, and changes in investor sentiment.

In addition to international prices, the local currency exchange rate plays a crucial role. Since gold is primarily traded in dollars, variations in the Jordanian Dinar against the dollar can impact local gold prices. A weaker dinar can lead to higher local gold prices, while a stronger dinar can have the opposite effect.

Local market conditions, such as consumer demand and seasonal trends, also affect pricing. During festive seasons like Eid or weddings, increased demand for gold jewelry can drive prices higher. Furthermore, government policies and taxation on gold can impact its market price in Jordan. Overall, the interplay of these factors determines the daily pricing of gold in the Jordanian market.

Price of Gold Bullion in Jordan in Jordanian Dinar

  • The price of gold bullion 5 grams 24K in Jordan: 302.18 Jordanian Dinar
  • The price of gold bullion 10 grams 24K in Jordan: 604.37 Jordanian Dinar
  • The price of gold bullion 20 grams 24K in Jordan: 1,208.73 Jordanian Dinar
  • The price of gold bullion 50 grams 24K in Jordan: 3,021.83 Jordanian Dinar
  • The price of gold bullion 100 grams 24K in Jordan: 6,043.66 Jordanian Dinar
  • The price of gold bullion 250 grams 24K in Jordan: 15,109.15 Jordanian Dinar
  • The price of gold bullion 500 grams 24K in Jordan: 30,218.30 Jordanian Dinar
  • The price of gold bullion 1000 grams 24K in Jordan: 60,436.60 Jordanian Dinar

Predictions for Gold Prices in Jordan

The forecast for gold prices in Jordan remains a topic of interest for investors and consumers alike. With a global economic landscape that is often unpredictable, many analysts are closely monitoring various factors that could influence gold prices in the region. Current trends indicate that the demand for gold is likely to remain strong, driven by both local and international factors.

One significant factor is the impact of inflation rates and currency fluctuations. As the Jordanian dinar experiences changes relative to major currencies, gold is often seen as a safe haven asset. Investors tend to flock to gold during times of economic uncertainty, which can drive prices higher.

Moreover, geopolitical tensions and market volatility traditionally contribute to an increase in gold prices. With the ongoing complexities in global politics, it is anticipated that the demand for gold will remain robust in Jordan.

In summary, while the exact future price of gold is difficult to predict, strong demand, inflation concerns, and geopolitical factors suggest that prices may trend upward in the foreseeable future. Investors should stay informed and consider these elements when making investment decisions regarding gold in Jordan.

Gold price in Jordan in October 2024 in Jordanian Dinar

Date Gold Ounce Gold Gram Karat 24 Gold Gram Karat 22 Gold Gram Karat 21 Gold Gram Karat 18 Gold Gram Karat 14
10 October 2024 1,850.39 59.50 54.54 52.05 44.61 34.72
9 October 2024 1,855.24 59.65 54.68 52.19 44.73 34.81
8 October 2024 1,874.87 60.29 55.26 52.74 45.20 35.18
7 October 2024 1,874.34 60.27 55.24 52.72 45.19 35.17
6 October 2024 1,879.32 60.43 55.39 52.86 45.31 35.26
5 October 2024 1,879.32 60.43 55.39 52.86 45.31 35.26
4 October 2024 1,889.86 60.77 55.70 53.16 45.56 35.46
3 October 2024 1,879.84 60.44 55.40 52.88 45.32 35.27
2 October 2024 1,879.84 60.44 55.40 52.88 45.32 35.27
1 October 2024 1,869.93 60.13 55.11 52.60 45.08 35.08
30 September 2024 1,884.85 60.61 55.55 53.02 45.44 35.36
29 September 2024 1,879.85 60.45 55.40 52.88 45.32 35.27
28 September 2024 1,879.85 60.45 55.40 52.88 45.32 35.27
27 September 2024 1,894.93 60.93 55.85 53.30 45.68 35.55
26 September 2024 1,884.84 60.61 55.55 53.02 45.44 35.36
25 September 2024 1,884.85 60.61 55.55 53.02 45.44 35.36
24 September 2024 1,869.93 60.13 55.11 52.60 45.08 35.08
23 September 2024 1,859.57 59.79 54.81 52.31 44.83 34.89
22 September 2024 1,859.59 59.79 54.81 52.31 44.83 34.89
21 September 2024 1,859.59 59.79 54.81 52.31 44.83 34.89
20 September 2024 1,835.49 59.02 54.10 51.63 44.25 34.44
19 September 2024 1,817.17 58.43 53.56 51.12 43.81 34.09
18 September 2024 1,817.18 58.43 53.56 51.12 43.81 34.09
17 September 2024 1,826.55 58.73 53.83 51.38 44.03 34.27
16 September 2024 1,831.27 58.88 53.97 51.51 44.15 34.36
15 September 2024 1,831.28 58.88 53.97 51.51 44.15 34.36
14 September 2024 1,831.28 58.88 53.97 51.51 44.15 34.36
13 September 2024 1,821.85 58.58 53.69 51.25 43.92 34.18
12 September 2024 1,785.14 57.40 52.61 50.22 43.04 33.49
11 September 2024 1,785.13 57.40 52.61 50.21 43.04 33.49