Local Gold Prices Drop - Jordan News
Local Gold Prices Drop Gold prices in the local market dropped on Tuesday, according to the price list published by the General Syndicate of Owners of Jewelry and Goldsmiths Shops in Jordan. اضافة اعلان The selling price of one gram of 21-karat gold for retail at gold shops reached 66.70 Jordanian dinars, while the buying price stood at 64.70 dinars. The selling prices per gram for other gold purities were as follows: 24-karat gold: 76.90 dinars 18-karat gold: 59.00 dinars 14-karat gold: 45.20 dinars
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Jordan News
8 hours ago
- Jordan News
21-Carat Gold Priced at JD 68.3 in the Local Market - Jordan News
21-Carat Gold Priced at JD 68.3 in the Local Market The selling price of one gram of 21-carat gold, the most in-demand among citizens, reached JD 68.30 in the local market today, Saturday, while the buying price stood at JD 66.30 at jewelry shops. اضافة اعلان The selling prices of gold per gram for other carats were as follows: 24-carat: JD 78.40 18-carat: JD 60.70 14-carat: JD 46.10 The price of a 7-gram Rashadi gold coin was JD 477, and the 8-gram English gold coin was priced at JD 545. Head of the General Syndicate of Owners of Jewelry and Goldsmiths Shops, Mr. Rabhi Allan, told the Jordan News Agency (Petra) that demand for gold in the local market is fluctuating between weak and moderate. However, he expects improvement in demand for gold jewelry during upcoming occasions and celebrations. He added that the yellow metal closed its weekly trading on the global market on Friday at USD 3,368 per ounce. — (Petra)
Jordan News
2 days ago
- Jordan News
Central Bank: Interest Rates Remain Unchanged - Jordan News
The Open Market Operations Committee of the Central Bank of Jordan held its fourth meeting for the year 2025, during which it assessed local economic, monetary, and banking developments, as well as regional and international economic conditions and the potential impact of ongoing geopolitical tensions on the Jordanian economy. اضافة اعلان Based on its review, the committee decided to maintain the current interest rates on monetary policy instruments without any change. The committee emphasized the Central Bank's ongoing close monitoring of all developments and reaffirmed its commitment to applying monetary and banking policies and procedures that ensure monetary stability and the soundness of the banking sector, thereby supporting overall macroeconomic stability. Macroeconomic indicators reflected the strength and resilience of Jordan's economic and monetary performance. The Central Bank's foreign reserves stood at USD 22.8 billion at the end of May 2025, sufficient to cover 8.8 months of the Kingdom's imports of goods and services. Inflation rates were also contained, remaining close to 2% during the first five months of the year. Banking sector indicators also showed strength, with a solid capital base and high-quality investment portfolios. Total customer deposits rose by 6.8% year-on-year to reach JOD 47.3 billion by the end of April 2025. Credit facilities extended by banks also grew by 3.4% year-on-year, reaching approximately JOD 35.2 billion. The external sector showed positive developments as well. Total exports recorded a significant growth of 11.6% in the first quarter of 2025, reaching USD 3.3 billion. Tourism revenue rose by 15.7% in the first five months of the year, totaling USD 3.1 billion. Additionally, remittances from Jordanians abroad increased by 3.0% in the first four months, amounting to USD 1.2 billion.
Jordan News
3 days ago
- Jordan News
Public Works: Central and Local Road Projects in Balqa Exceed 10 Million Jordanian Dinars - Jordan News
The Ministry of Public Works and Housing, represented by the Directorate of Public Works in Balqa Governorate, continues to implement a wide range of central and decentralized projects across the governorate's districts, with a total cost estimated at over 10 million Jordanian dinars. These projects include maintenance of main roads, construction of service and agricultural roads, as well as public safety and technical services, all within the allocations of the 2025 budget. اضافة اعلان According to the ministry's media spokesperson, Omar Muharameh, the leading projects include maintenance works on the Salt – Wadi Shueib and Mahes – Wadi Shueib roads, costing approximately 3.7 million dinars. These are part of a central tender executed by the Ministry's Roads Directorate aimed at improving infrastructure quality and enhancing safety on these vital corridors. Additional technical and executive updates during implementation have amounted to 810,000 dinars. Regarding traffic infrastructure improvements, Muharameh told the Jordan News Agency (Petra) that the ministry is executing a new service road along the Amman – Salt road extending to the Dabbabneh tunnel in both directions, costing 484,000 dinars. This aims to improve traffic flow and reduce pressure on the main road. He also pointed out that the ministry is working on a project to widen the access road and build new buildings and yards for cargo and passengers at the King Hussein Bridge, with a budget of 3.5 million dinars, in addition to illuminating Mada'i road at a cost of half a million dinars. The Balqa Public Works Directorate is also monitoring the implementation of decentralized budget projects exceeding 600,000 dinars, which include road maintenance, construction of agricultural roads, and service works in various areas of the governorate. In the maintenance sector, work is underway rehabilitating the road from Sakneh traffic signal to Karama in the Shouna Al-Janoubi district, with a cost exceeding 59,000 dinars. Another major maintenance project covers the road from the Jordan University Farm to Al-Wadi Al-Abyad in Deir Alla district, costing 222,000 dinars. Both projects involve milling the old asphalt layer, surface leveling, and re-paving. In terms of road safety, the directorate is implementing a project costing 30,000 dinars that includes installing concrete speed bumps and traffic management elements within Salt city center. The directorate has also launched a general maintenance services project in Salt city center for 10 months, costing about 70,000 dinars, to provide labor and machinery for daily maintenance works. Supporting the agricultural sector, the directorate is implementing a series of agricultural road projects in the areas of Rmimen, Soumya, Ayra, Allan, and Umm Al-Omad, with a total cost approaching 220,000 dinars. These projects aim to pave agricultural roads with a final asphalt layer, improving farmers' mobility and ease of access to their lands. Recently, the ministry announced the tender for a project to improve traffic movement and raise public safety standards on the Amman-Salt road, extending from Al-Awaisah complex to the start of the Dabbabneh tunnel over approximately 6 kilometers. The work includes creating side islands to organize entry and exit for commercial complexes without disrupting main traffic flow, with a budget close to half a million dinars. These efforts are part of the ministry's comprehensive plan to develop infrastructure across governorates, implementing royal directives calling for improved services and balanced development in various parts of the Kingdom. Muharameh affirmed the ministry's keenness to complete the governorate council projects before the end of the fiscal year, noting that the ministry has worked according to a plan supervised by the Minister of Public Works and Housing, Engineer Maher Abu Al-Samen, to ensure project preparation, approval, and tender documentation were ready before the new year, allowing tenders to be launched within the first month.
