Gold prices in Jordan on October 12
Gold prices in Jordan on Monday, October 12, 2026, experienced a significant increase across all denominations compared to the previous day. The price of 24-karat gold remained stable at 98 Jordanian dinars per gram, while 22-karat stood at 90.5 dinars, 21-karat at 85.4 dinars, and 18-karat at 75.7 dinars. Additionally, the price of an ounce of gold reached 3,048 Jordanian dinars (approximately 4,182 US dollars). The rise is supported by a weakened US dollar globally and declining oil prices, as investors await key US inflation data that could influence Federal Reserve policies. Typically, gold is viewed as a hedge against inflation; however, the increase in interest rates reduces its attractiveness as an investment.
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