Daily report
The 21k gold gram in Jordan was 48.18 JOD (shops sell) and 46.01 JOD (shops buy) on Thursday, 16 May 2024, based on an estimate from the global price plus the usual Jordanian market margin, or 67.95 USD per gram. 24k was 55.38 JOD, 18k 43.58 JOD and 14k 32.72 JOD. The 21k gram fell 0.19 JOD from the previous day.
Globally the gold ounce was 2,385.50 USD (1,691.32 JOD), down 9.40 USD (0.39%) from the 15 May 2024 close. It opened at 2,391.50 USD and traded between 2,375.20 and 2,402.70 USD.
The Rashadi lira was 339.26 JOD, the English lira 387.44 JOD, and a 10 g bar about 561.80 JOD.
Over the last 30 days the 21k gram (global price) ranged from 45.93 JOD on 30 Apr 2024 to 48.14 JOD on 19 Apr 2024, averaging 46.95 JOD.
Gold prices on 16 May 2024 by karat
| Karat | Shops sell (JOD) | Shops buy (JOD) | Global price (JOD) | Global price (USD) |
|---|---|---|---|---|
| 24k | 55.38 | 54.27 | 54.38 | 76.70 |
| 22k | 50.75 | 48.97 | 49.85 | 70.30 |
| 21k | 48.18 | 46.01 | 47.58 | 67.11 |
| 18k | 43.58 | 40.53 | 40.78 | 57.52 |
| 14k | 32.72 | 29.45 | 31.72 | 44.74 |
No new bulletin has been published yet, so the price shown is an estimate from the global price plus the usual Jordanian market margin.
Global price = the gold ounce price on international markets ÷ 31.1035, converted to dinar at the fixed rate of 0.709 JOD per USD.
Ounce, kilo and lira prices
| Unit | Price in JOD | Price in USD |
|---|---|---|
| Ounce (31.1035 g) | 1,691.32 | 2,385.50 |
| Kilogram (24k) | 54,380.00 | 76,700.00 |
| Rashadi lira (7 g) | 339.26 | 478.50 |
| English lira (8 g) | 387.44 | 546.46 |
| Half lira (4 g) | 194.22 | 273.94 |
| Quarter lira (2 g) | 97.36 | 137.32 |
| Ottoman 5-lira coin (35 g) | 1,692.30 | 2,386.88 |
| Tola (11.66 g of 24k) | 634.28 | 894.61 |
Liras follow the syndicate convention: the Rashadi lira is 7 g and the English lira 8 g of 21k gold, plus an estimated making fee.
Gold bar prices
| Bar (24k) | Price in JOD | Price in USD |
|---|---|---|
| 5 grams | 282.90 | 399.01 |
| 10 grams | 561.80 | 792.38 |
| 20 grams | 1,117.60 | 1,576.30 |
| Ounce (31.1 g) | 1,734.51 | 2,446.42 |
| 50 grams | 2,784.00 | 3,926.66 |
| 100 grams | 5,558.00 | 7,839.21 |
Bar prices are estimates: bar weight × 24k gram price plus an estimated bar premium. Certified bars carry a weight and purity certificate.
The 30 days up to this date
| Date | Day | 21k (JOD) | 24k (JOD) | Ounce (USD) | Change |
|---|---|---|---|---|---|
| 16 May 2024 | Thursday | 47.58 | 54.38 | 2,385.50 | ▼ -0.19 |
| 15 May 2024 | Wednesday | 47.77 | 54.59 | 2,394.90 | ▲ +0.70 |
| 14 May 2024 | Tuesday | 47.07 | 53.79 | 2,359.90 | ▲ +0.34 |
| 13 May 2024 | Monday | 46.73 | 53.41 | 2,343.00 | ▼ -0.64 |
| 10 May 2024 | Friday | 47.37 | 54.14 | 2,375.00 | ▲ +0.69 |
| 9 May 2024 | Thursday | 46.68 | 53.35 | 2,340.30 | ▲ +0.36 |
| 8 May 2024 | Wednesday | 46.32 | 52.94 | 2,322.30 |
Frequently asked questions
What was the 21k gold price per gram in Jordan on Thursday, 16 May 2024?
48.18 JOD at jewellers (sell) and 46.01 JOD (buy), excluding workmanship.
What were the 24k and 18k prices that day?
24k was 55.38 JOD per gram, 18k 43.58 JOD and 14k 32.72 JOD.
What was the gold ounce price on Thursday, 16 May 2024?
2,385.50 USD, which is 1,691.32 Jordanian dinar.
Are these the syndicate bulletin numbers?
No, these prices are derived from that day’s global close plus the usual Jordanian market margin, so they are estimates.