Jordan’s gold market is starting the week steady, with 21-karat gold sold at 84.90 dinars a gram on Sunday, a level that matters because it keeps a key household store of value expensive even as global bullion remains volatile.
Jordan 21-Karat Gold Holds at 84.90 Dinars
The local quote, published by the General Association of Owners of Jewelry Shops and Goldsmiths, showed no change from the previous daily pricing. Dealers were offering 21-karat gold, the most popular grade among Jordanians, at 84.90 dinars for sale and buying it back at 81 dinars a gram.
The pricing leaves 24-karat gold at 97.30 dinars for sale and 18-karat gold at 75.20 dinars, underscoring how local jewelry demand remains tightly linked to swings in global bullion and the dollar.
That external backdrop is still uneven. Gold futures ended Oct. 21 at $4,150.9 an ounce, well below the year’s peak but still far above levels that would ease pressure on buyers, while the iShares Gold Trust, or IAU, closed at $77.71 and the SPDR Gold Shares ETF, or GLD, at $378.95. GLD’s 50-day moving average remains above its 200-day moving average, but recent readings on RSI and MACD point to a cooler tone after a powerful rally earlier in the year.
For investors, the relevance is twofold: gold’s firmness keeps physical demand alive in Jordan, while the gap between local retail pricing and global volatility can squeeze consumer budgets and support hedging demand. It also matters for merchants, who have to manage inventory risk as buying and selling spreads widen when prices move quickly.
Adalytica’s Gold Fear & Greed Index showed neutral sentiment at 54, but awareness sat at an extreme-fear reading of 0.0, a sign that traders remain alert to sharp moves even when the broader mood is not panicked. The next catalyst is likely to come from the dollar, U.S. rates and any fresh move in global bullion, which will feed quickly into Jordan’s daily retail gold quotes.
| Entity | Gains | Losses |
|---|---|---|
| Jordanian gold sellers | ▲Higher nominal pricing | ▼Softer consumer demand |
| Jordanian buyers | ▲Value preservation | ▼Costlier jewelry purchases |
| Global gold bulls | ▲Support for bullion demand | ▼None from this quote alone |
| Jewelry retailers | ▲Trading activity | ▼Inventory risk if prices swing |


