Amman – Tuesday, December 16, 2025

Gold prices in the Jordanian market recorded a noticeable decline on Tuesday, reflecting a drop in the precious metal’s prices on global markets, amid a cautious mood among investors awaiting key international economic data and signals on the direction of global monetary policy.

According to traders in the jewelry and gold market, the price of 21-karat gold, the most widely traded in the Kingdom, fell to levels lower than those seen in recent days. The decline extended across all gold carats, driven by the global decrease in ounce prices as well as movements in the US dollar and bond yields.

Reasons Behind the Decline

The downturn is primarily attributed to a global pullback in gold prices following profit-taking activity, alongside weaker investment demand for the metal as risk appetite improved across financial markets. Expectations regarding the future path of global interest rates also played a role in reducing gold’s appeal as a safe-haven asset.

At the local level, stable consumer demand and slower purchasing activity at jewelry shops further reinforced the downward trend, particularly as many buyers anticipate additional price declines in the near term.

Impact on the Local Market

The price drop has been reflected in trading activity across the Jordanian market, with gold shops witnessing relatively subdued demand, while investors remain cautious amid ongoing price volatility. Some buyers, however, are closely monitoring current price levels as a potential entry point, whether for savings purposes or for purchasing gold jewelry.

Meanwhile, traders believe that lower prices could help stimulate demand in the coming days, especially if prices stabilize at current levels without sharp fluctuations.

Outlook for the Coming Period

Experts expect gold prices to remain closely tied to global economic developments, particularly inflation data, interest rate trends, and movements in the US dollar. Should global pressures on gold persist, the local market may experience further limited declines. Conversely, any renewed global economic or financial tensions could once again provide support for gold prices.

The decline in gold prices in Jordan comes as part of a broader global downturn in the precious metal, amid a climate of caution and anticipation in financial markets. While lower prices may present a potential opportunity for buyers, decisions to purchase or invest remain closely linked to developments in the global economic landscape in the period ahead.