January 11: Jordan Retail 21K Gold Price Rises to JOD 91.50 per Gram
The gold price per gram is in focus after Jordan’s jewellery syndicate set the 21k selling price at JOD 91.50 on January 11. The 24k rate stands at JOD 104.70 and 18k at JOD 81.40. This move, up from mid‑week quotes near JOD 90–90.70, points to solid shop demand. For UK investors, MENA retail flows can flag tightness in the physical market, adding context to global bullion sentiment and daily London pricing.
Jordan retail move and its market signal
Jordan’s jewellery syndicate reported the 21k selling price at JOD 91.50 per gram, with 24k at JOD 104.70 and 18k at JOD 81.40. The gold price per gram rose from mid‑week levels, suggesting resilient local interest. This retail firmness is often supportive for bullion tone, especially when shops see steady footfall. See the latest update from Jordan News for context source.
Earlier in the week, 21k shop prices circulated around JOD 90 to JOD 90.70 per gram, before firming into today’s JOD 91.50. That step-up aligns with a positive retail impulse rather than a large change in global spot. Prior prints are documented by Jordan News source. UK readers can treat this as a near-term physical demand signal.
Implications for UK bullion watchers
When shop buying is steady, merchants hold prices or lift quotes, helping steady the gold price per gram in local markets. This can feed into sentiment around global spot, even if the direct link is not one-to-one. For UK portfolios, the signal ties into broader drivers like real yields, the dollar, and seasonal jewellery demand.
UK investors track the gold price per gram by comparing retail quotes with spot. Convert troy ounces to grams by dividing the spot price per ounce by 31.1035. Then compare with local quotes, noting purity and retail mark-ups. Keep analysis in GBP by applying your broker’s FX rate. This keeps signals consistent across markets.
Understanding karats and retail premiums
A 21k item is 87.5% gold, 24k is about 99.9%, and 18k is 75%. That purity gap explains part of the gold price per gram differences across karats. Jordan’s latest set shows 24k at JOD 104.70 and 18k at JOD 81.40, bracketing the 21k benchmark at JOD 91.50 in today’s shop pricing.
Shop quotes include business costs and making charges that vary by design and store, so the gold price per gram in retail can sit above refined bullion benchmarks. Investors focused on ETFs, bars, or coins should prioritise spot, all-in purchase premiums, and custody fees, while using local gold prices as a demand indicator.
Final Thoughts
Jordan’s 21k rate at JOD 91.50 per gram, alongside 24k at JOD 104.70 and 18k at JOD 81.40, shows firm retail demand this week. For UK investors, this is a useful, local confirmation of steady physical interest. Treat the gold price per gram as two views: retail shop quotes that include making costs, and global spot that drives ETFs and bars. To act, monitor Jordan News updates, compare per-gram spot in GBP using 31.1035 grams per troy ounce, and track real yields, the dollar, and seasonal buying. Keep allocations disciplined, watch premiums, and use local gold prices as a timely signal rather than a standalone trigger.
FAQs
What is the latest Jordan 21k gold price per gram?
The Jordan jewellery syndicate set the 21k selling price at JOD 91.50 per gram on January 11. The 24k rate is JOD 104.70 and 18k is JOD 81.40. These are retail shop quotes, reflecting local demand and typical mark-ups over the refined bullion reference.
Why should UK investors track Jordan 21k shop prices?
Local gold prices can flag real-world buying. When shops lift the gold price per gram, it often signals firm physical demand. That can support global sentiment even if it does not directly set London spot. It is a useful cross-check alongside yields, FX, and ETF flows.
How do I compare Jordan quotes with GBP spot per gram?
First, convert spot from troy ounces to grams by dividing by 31.1035. Keep all figures in GBP using your broker’s FX rate. Then compare your per-gram spot with the retail gold price per gram, adjusting for purity and typical shop premiums to get a fair, like-for-like view.
Do higher retail prices mean spot gold will rise next?
Not always. A higher JOD gold rate today suggests firm local demand, which can support sentiment. But global spot is driven by rates, the dollar, and risk appetite. Treat shop prices as one input, then confirm with spot trends, positioning data, and your own risk limits.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
