The price of gold ounce in domestic transactions was at KD 349.1 per ounce on Sunday, Ministry of Commerce and Industry said. According to official figures of the ministry, gold of (24,21,18 karats) recorded KD 11.2, KD 9.8, and KD 8.4 respectively. The precious metal prices suffered a drop in global markets after inflammation levels in the United States, and the United Kingdom became stable, "the need of investors to buy gold totally stopped, in order to hedge against inflation." Markets are awaiting results of the US Federal Reserve monetary committee related to determining the monetary policies of the Reserve during the coming period, regarding that, forecasts indicate the possibility that the Reserve would reduce the asset purchasing program after the recovery of the local economy. A matter that would push the gold prices to drop. The rise of USD rate which is measured compared to a basket of major world currencies, affected the drop of the gold price.
GMT 11:02 2018 Tuesday ,11 December
ASE opens trading on lower noteGMT 15:40 2018 Monday ,10 December
Amman stock market closes trading at JD4.4 millionGMT 19:10 2018 Wednesday ,05 December
Index at Palestine stock market drops by less than one pointGMT 17:58 2018 Sunday ,25 November
Amman stock market wraps up trading at JD2.6 millionGMT 14:24 2018 Thursday ,22 November
Russia’s stock market demonstrates record-breaking figures in 2018GMT 11:45 2018 Tuesday ,20 November
Tokyo stocks close lower as tech issues weigh, Nissan tumblesGMT 15:08 2018 Monday ,19 November
Amman stock market wraps up trading at JD6.1 millionGMT 15:51 2018 Sunday ,18 November
U.S. stocks post weekly losses amid tech shares routMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor