Gold prices stabilized in Jordan, today, Sunday, June 13, 2021, after the global decline in the prices of the precious metal during last Friday’s trading.
And the price of a gram of 24 karat gold in Jordan, during early trading on Sunday morning, recorded 42.83 Jordanian dinars ($ 60.41).
And the price of a gram of 21 karat gold in Jordan (the most traded one) reached 37.44 Jordanian dinars ($52.81).
And the price of a gram of 18 karat gold in Jordan reached 32.13 Jordanian dinars ($45.31).
As for economic gold prices in Jordan, the price of a gram of 14 karat gold scored about 24.99 Jordanian dinars ($ 35.24), the price of a gram of 12 karat gold recorded 21.42 Jordanian dinars ($ 30.21), and the price of a gram of 12 karat gold recorded 21.42 Jordanian dinars ($ 30.21).
And the price of the gold pound in Jordan, during Sunday’s trading, was 299.85 Jordanian dinars ($422.89).
The price of an ounce in Jordan, on Sunday, scored about 1,332 Jordanian dinars ($1,879).
Global gold prices
Gold prices fell at the close of trading on Friday, the end of trading week in global stock exchanges, affected by the rise of the dollar, at a time when some investors are betting that the recent rises in consumer prices in the United States are temporary.
And gold fell in spot transactions 0.9% to $ 1881.80 an ounce (an ounce) by 1407 GMT, then fell to the level of $ 1876.87 during early trading on Saturday morning, and US gold futures fell 0.7% to $ 1883.30.
The dollar index rose 0.4%, which reduces the appetite for the metal for investors holding other currencies.
A commodity analyst at TD Securities said that employment data and the consumer price index in the United States failed to push gold above the level of 1900 dollars, indicating a slowdown in inflation hedge flows at the same time that present flows were declining. Therefore, gold will suffer losses.”