The General Association of Jewelry and Gold Trade Shops reported a localized uptick: gold prices in Jordan rose on Thursday, with most carats climbing by 20 qirsh per gram and 14‑carat rising 10 qirsh. The move pushes the market selling price for the popular 21‑carat to JOD 85.6 per gram and alters short‑term inventory valuation for retailers.

  • Price (selling): 21‑carat JOD 85.6/gram; Buying: JOD 82.1/gram
  • Change: +20 qirsh/gram (all carats except 14ct: +10 qirsh)
  • Other selling prices: 24ct JOD 98; 18ct JOD 75.9; 14ct JOD 57.6
  • Origin: Jordan local market — Morning pricing report (Thursday)

What happened

The association’s morning pricing bulletin shows a measured rise across the board. For consumers and shopkeepers the difference is tactile: a subtle shift in margin and a perceptible change in the substantial heft of inventory cost. The 21‑carat — the market’s most traded standard — now carries a warm satin glow at JOD 85.6 per gram at retail, with buying prices recorded at JOD 82.1.

Context in 2025

This uptick sits against broader 2025 dynamics: sustained demand for sustainably sourced and recycled gold, growing investor interest in precious‑metal hedges as fiat volatility persists, and aesthetic trends that favor weighty, sculptural pieces whose production is sensitive to metal cost. While lab‑grown diamonds continue to reprice ornamental value, real gold’s intrinsic density and malleable weight remain a distinct store of value for regional buyers.

Why this matters to US retailers and investors

For US buyers sourcing from the MENA corridor or holding exposure to regional wholesalers, the immediate implications are threefold: procurement costs rise, inventory must be revalued to reflect the new selling rates, and price‑positioning for high‑karat, handcrafted pieces may need recalibration. Retailers should consider hedging strategies, tightening supplier terms, and communicating the material shift to customers who prize substantial heft and artisanal finishing.

Practical takeaways

Small qirsh movements in a tight market can widen margins or erode them quickly. Track daily association bulletins, prioritize recycled or certified sources to meet 2025 sustainability expectations, and design assortments that justify premium pricing through finish, weight and provenance rather than markup alone.

Reported by the General Association of Jewelry and Gold Trade Shops — morning pricing, Thursday.

Image Referance: https://www.jordannews.jo/Section-112/Economy/Gold-Prices-Rise-in-Local-Market-on-Thursday-47311