Gold gains 6 dinars weekly
The gold market in Jordan experienced a significant increase in prices over the past week, with the price of a gram rising by approximately 6 dinars alongside a rise in global gold prices, which closed at around $4,340 per ounce. This increase is attributed to regional developments, especially expectations of reopening the Strait of Hormuz and the subsequent flow of oil and natural gas, leading to a more than 11% decline in energy prices. Despite the price fluctuations, demand for jewelry linked to celebrations and weddings remains strong and is expected to improve as the season continues. Consumers are advised to purchase from licensed stores to ensure their rights.
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