Latest news with #RabhiAllan


Jordan News
09-08-2025
- Business
- Jordan News
JD 68.7 Is the Price of 21-Carat Gold in the Local Market - Jordan News
JD 68.7 Is the Price of 21-Carat Gold in the Local Market The selling price of one gram of 21-carat gold, the most popular among citizens in the local market, reached JD 68.70 today, Saturday, for sales in jewelry shops, compared to JD 66.50 for purchase, amid moderate demand. اضافة اعلان The selling prices for one gram of gold in 24-, 18-, and 14-carat grades for buying purposes at jewelry shops were JD 78.70, JD 61.10, and JD 46.40, respectively. Rabhi Allan, President of the General Association of Jewelry and Gold Trade Shop Owners, told the Jordan News Agency (Petra) that the price of the Roshdi lira, weighing 7 grams, reached JD 492, while the English lira, weighing 8 grams, was priced at JD 550. He explained that the yellow metal closed its weekly trading on the global market yesterday, Friday, with a clear rise, reaching $3,400 per ounce. —(Petra)


Jordan News
19-07-2025
- Business
- Jordan News
21-Carat Gold Priced at 68 Dinars Locally - Jordan News
21-Carat Gold Priced at 68 Dinars Locally The selling price of 21-carat gold—the most sought after by citizens in the local market—reached 68 dinars per gram on Saturday at jewelry shops, while the buying price stood at 65.80 dinars. اضافة اعلان The buying prices for other gold purities at jewelry shops were as follows: 24-carat: 78 dinars per gram 18-carat: 60.40 dinars per gram 14-carat: 45.90 dinars per gram According to Rabhi Allan, President of the General Syndicate of Owners of Jewelry and Goldsmith Shops, the price of the 7-gram Rashadi gold coin was 477 dinars, while the 8-gram English gold coin was priced at 545 dinars. Allan noted that demand for gold in the local market has improved since the beginning of last week, coinciding with the start of the wedding season. He expects demand to rise even further in the coming days. Speaking to the Jordan News Agency (Petra), Allan added that the yellow metal closed global weekly trading on Friday at $3,350 per ounce. Petra


Jordan News
17-07-2025
- Business
- Jordan News
Increased Local Demand for Gold - Jordan News
Increased Local Demand for Gold Demand for gold jewelry has risen in recent days following the end of the General Secondary Education Certificate exams, according to the head of the Jordanian Jewelers Association, Rabhi Allan. اضافة اعلان Allan, as quoted by Al-Rai daily, noted that the demand for gold jewelry improved after the conclusion of the exams and the arrival of expatriates spending their summer holidays in the country. He added that gold prices remain stable due to the closure of global markets in the United States for the holiday. Gold prices rose on Wednesday, supported by a weakening U.S. dollar and declining Treasury yields, amid market anticipation for more clarity on President Donald Trump's trade policy. According to Bloomberg, gold futures for August delivery rose by 0.31% to $3,346.90 per ounce. Meanwhile, spot gold prices increased by 0.46% to $3,339.95 per ounce, according to trading data. The decline in the dollar has boosted the appeal of gold for holders of other currencies.


Jordan News
12-07-2025
- Business
- Jordan News
Gold Price for 21-Karat Reaches JD 68.10 in Local Market - Jordan News
Gold Price for 21-Karat Reaches JD 68.10 in Local Market The selling price of 21-karat gold, the most in-demand among citizens in the local market, reached JD 68.10 per gram on Saturday, while the buying price stood at JD 65.90 from jewelry stores. اضافة اعلان As for other gold karats, the selling prices per gram were as follows: 24-karat: JD 78.30 18-karat: JD 60.60 14-karat: JD 46.00 According to Rabhi Allan, President of the General Syndicate of Owners of Jewelry and Goldsmiths Shops, the price of the Rashadi gold lira (7 grams) was JD 474, while the English gold lira (8 grams) was priced at JD 542. Allan told the Jordan News Agency (Petra) that the yellow metal closed its weekly global trading on Friday at USD 3,354 per ounce. – (Petra)


Jordan News
28-06-2025
- Business
- Jordan News
21-Carat Gold Price Reaches 66.6 Dinars Locally - Jordan News
The selling price of 21-carat gold—the most in-demand by citizens—in the local market on Saturday reached 66.60 dinars per gram at jewelry stores, while the buying price stood at 64.40 dinars. اضافة اعلان The selling prices for other gold purities at jewelry shops were as follows: 24-carat: 76.40 dinars per gram 18-carat: 59.20 dinars per gram 14-carat: 44.90 dinars per gram Meanwhile, the price of a Rashadi gold lira (7 grams) stood at 463 dinars, while the English gold lira (8 grams) was priced at 530 dinars. President of the General Syndicate of Owners of Jewelry and Goldsmith Shops, Mr. Rabhi Allan, anticipated an improvement in local gold demand in the coming period, coinciding with the start of the wedding and festive season, as well as the return of Jordanian expatriates. Speaking to the Jordan News Agency (Petra), Allan noted that the yellow metal closed the week's global trading on Friday at $3,274 per ounce.