21-Carat Gold Reaches 71 Dinars Locally - Jordan News
The selling price of 21-carat gold, the most in-demand by citizens in the local market, reached 71 dinars per gram on Tuesday morning, according to the latest prices from jewelry shops. The buying price stood at 69 dinars per gram. اضافة اعلان According to the daily bulletin issued by the General Syndicate of Owners of Jewelry and Goldsmith Shops, the selling prices for other gold purities from jewelry shops were as follows: 24-carat gold: 80.80 dinars/gram 18-carat gold: 63.50 dinars/gram 14-carat gold: 48 dinars/gram Globally, gold prices hit a record high, approaching the key $3,500 per ounce mark on Tuesday. The surge comes amid investor concerns following criticism by U.S. President Donald Trump directed at Federal Reserve Chairman Jerome Powell, prompting a flight to the safe-haven asset. Gold in spot trading jumped 2.2% to $3,493.41 per ounce as of 06:20 GMT, after hitting a record high of $3,500.05 earlier in the session.
Meanwhile, U.S. gold futures rose 2.3% to $2,502.40 per ounce.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Ammon
11 hours ago
- Ammon
S&P 500, Nasdaq finish lower
Ammon News - The S&P 500 and Nasdaq ended lower on Friday, with investors on edge over the Iran-Israel conflict heading into the weekend, as the U.S. considers whether to get involved. Trading was choppy for much of the session. The S&P 500 also ended lower for the week, while the Nasdaq registered a weekly gain. Iran said it would not discuss the future of its nuclear program while under attack by Israel, as Europe tried to coax Tehran back into negotiations. The White House said on Thursday that President Donald Trump will decide in the next two weeks whether the U.S. will get involved in the Israel-Iran air war, adding pressure on Tehran to negotiate. The Dow Jones Industrial Average rose 35.16 points, or 0.08%, to 42,206.82, the S&P 500 lost 13.03 points, or 0.22%, to 5,967.84 and the Nasdaq Composite lost 98.86 points, or 0.51%, to 19,447.41. Reuters
Ammon
17 hours ago
- Ammon
Oil prices settle lower as US sanctions ease fears of escalation in Iran
Ammon News - Oil prices settled down on Friday as the U.S. imposed new Iran-related sanctions, marking a diplomatic approach that fed hopes of a negotiated agreement, a day after President Donald Trump said he might take two weeks to decide U.S. involvement in the Israel-Iran conflict. Brent crude futures settled down $1.84, or 2.33%, to $77.01 a barrel. U.S. West Texas Intermediate crude for July - which did not settle on Thursday as it was a U.S. holiday and expires on Friday - was down 21 cents, or 0.28%, at $74.93. The more liquid August contract settled at $73.84. Brent rose 3.6% on the week, while front-month U.S. crude futures increased 2.7%. The Trump administration issued fresh Iran-related sanctions, including on two entities based in Hong Kong, and counter-terrorism-related sanctions, according to a notice posted to the U.S. Treasury Department website. Oil prices jumped almost 3% on Thursday after Israel bombed nuclear targets in Iran, while Iran - OPEC's third-largest producer - fired missiles and drones at Israel. Neither side showed any sign of backing down in the week-old war. Reuters
Jordan News
2 days ago
- Jordan News
U.S. Dollar Rises Against Major Currencies - Jordan News
U.S. Dollar Rises Against Major Currencies The U.S. dollar rose on Thursday, supported by increased demand for safe-haven assets, as traders assessed the cautious tone of Federal Reserve Chair Jerome Powell regarding inflation. اضافة اعلان According to Bloomberg News, the U.S. Dollar Index—which measures the performance of the dollar against a basket of six major currencies—climbed 0.11% to reach 99, nearing a weekly gain of about 0.9%, marking its strongest weekly performance since late January. The euro fell to its lowest level in a week, declining 0.25% in recent trading to $1.1455, on track for a 0.8% weekly loss—its largest since February. The British pound also dropped by 0.14% to $1.3403 ahead of the Bank of England's policy decision, which is expected to keep interest rates unchanged. The Swiss franc traded at 0.81995 against the dollar ahead of the Swiss National Bank's monetary policy decision. In the latest trading, the Japanese yen stood at 145.13 per dollar. The Australian dollar fell by up to 0.5%, and by 0.3% in the latest trades to $0.6489. The New Zealand dollar dropped 0.5% to $0.5998. Emerging market currencies also suffered losses, with the South Korean won down by 1%.
