Jordan · JOD · September 2023

Gold Price in JordanSeptember 2023

In September 2023, the gold price in Jordan closed at approximately د.ا1,326 per troy ounce, equivalent to د.ا497 per tola or د.ا43 per gram. This represents a -3.61% change on the month (د.ا1,376 open → د.ا1,326 close).

-3.61% on the month

Open

د.ا1,376

per troy ounce

Close

د.ا1,326

per troy ounce

High

د.ا1,380

per troy ounce

Low

د.ا1,326

per troy ounce

All unit prices at September 2023 close — Jordan

UnitWeightClosing JOD price
Troy ounce31.1035 gد.ا1,326
Gram1.0000 gد.ا43
10 grams10 gد.ا426
Kilogram1,000 gد.ا42,638
Tola11.664 gد.ا497
JOD prices computed from XAU/USD ($1,870.50/oz close) × 2023-end JOD/USD rate (0.709). Pure metal value only — excludes local taxes and dealer making charges.

Karat-purity breakdown at September 2023 close

KaratPer gramPer tola
24KJORDAN STDد.ا43د.ا497
22Kد.ا39د.ا456
21Kد.ا37د.ا435
18Kد.ا32د.ا373
14Kد.ا25د.ا291
10Kد.ا18د.ا207

Daily gold price in JODSeptember 2023

25 trading days
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September 2023 gold market: Autumn low as yields hit multi-year highs

Bearish

Multi-year-high yields and a strong dollar marked the autumn low.

Gold fell toward $1,850–$1,870 in September as the Federal Reserve reinforced its higher-for-longer message and 10-year yields surged toward 4.6%, a multi-year high. A strong dollar compounded the pressure.

What drove gold in September 2023

  • Fed higher-for-longer guidance
  • 10-year yields near 4.6%
  • US dollar strength
  • ETF outflows
Themes#Fed policy#rising yields#US dollar strength

Key events in September 2023

  1. Sep 20Fed signals higher-for-longer; gold heads toward $1,850

What happened next

The October 7 war shock abruptly reversed gold's slide.

For gold buyers in Jordan

September's low near $1,850 was the year's best entry point — set just days before war reignited safe-haven demand.

Related months to read

The 2023 gold market: Banking crisis and another record CB buy year

Silicon Valley Bank failed in March 2023, followed by Credit Suisse rescue. Gold rallied to $2,072 in May, then traded $1,820–$2,090 through year-end. Central banks bought another 1,037 tonnes — second-highest ever. Year close: $2,062.

Key drivers in 2023

Regional banking crisis, Credit Suisse failure, central-bank buying continues, persistent inflation

2023 XAU/USD high

$2,135 (Dec)

2023 XAU/USD low

$1,810 (Feb)

Era context — The modern bull market (2019 to today)

Gold's second major bull market of the 21st century. Driven by COVID stimulus, Russia sanctions, central-bank accumulation at record levels, and the structural shift toward a multi-polar reserve system. New all-time highs reached repeatedly since 2020.

The Jordan gold market

Jordan retail gold prices are quoted in the local currency per gram for 24K and 22K purities, and per troy ounce for investment-grade bullion. Local rates usually sit above the international XAU/USD spot price after import duties, sales taxes, and jewellery making charges are applied. Use this archive as the international reference price; final retail rates depend on your dealer and the date's exchange rate.

Standard quote unit

gram

Common purity

24K

Currency

JOD (د.ا)

Daily gold price — September 2023, Jordan

How Jordan gold prices are calculated on this page

Source. The international XAU/USD spot price comes from gold-api.com's historical archive (London PM-fix benchmark). The JOD/USD exchange rate comes from exchangerate-api.com's 2023 year-end snapshot.

Conversion. Every JOD figure on this page is computed as XAU/USD price × JOD/USD rate. We use the year-end exchange rate consistently across all September 2023 prices on this page.

Per-unit math. Per-gram = per-ounce ÷ 31.1035. Per-tola = per-gram × 11.664. Per-10g = per-gram × 10. Per-kilo = per-gram × 1000. Karat values multiply per-gram by the purity ratio (24K = 0.999, 22K = 0.916, 21K = 0.875, 18K = 0.750, 14K = 0.585, 10K = 0.417).

What this page does NOT include. Local sales tax / VAT, customs duty on imports, dealer making charges, jewellery design premiums, or coin numismatic premiums. To go from this pure-metal value to a final retail rate in Jordan, add the country-specific levies described in the “Jordangold market” section above.

FAQ — Jordan gold price in September 2023

What was the gold price in Jordan in September 2023?

In September 2023, gold in Jordan opened at د.ا1,376/oz and closed at د.ا1,326/oz — a move of -3.61% on the month. Per tola: ≈د.ا497; per gram: ≈د.ا43; per 10g: ≈د.ا426.

What was the 24K gold rate per tola in Jordan in September 2023?

The 24K gold rate per tola in Jordan at the September 2023 close was approximately د.ا497, derived from international XAU/USD spot of $1,870.50/oz times the 2023-end JOD/USD exchange rate of 0.709. This is pure metal value; final retail rates include local taxes and dealer making charges.

What was the 24K gold rate per gram in Jordan in September 2023?

Jordan's most-quoted retail standard is 24K per gram. At the September 2023 close, that worked out to approximately د.ا43 (24K pure-metal value). Add local taxes and making charges for the final retail rate.

How was the local currency price calculated?

JOD prices on this page are computed from the verified international XAU/USD spot price for September 2023 (sourced from gold-api.com), multiplied by the 2023-end JOD/USD exchange rate from exchangerate-api.com. We use year-end rates as a single reference point for the entire month — for most stable currencies the within-year FX drift is small, but during currency crises (PKR 2022–23, TRY 2022, ARS 2024 etc.) the actual mid-month rate may differ.

Why does the retail price in shops differ from this number?

The د.ا figures here represent the international gold spot price converted to JOD at the 2023-end exchange rate. Jordan's retail jewellers add (1) import duties and sales tax (varies by SKU and karat), (2) dealer making charges (typically 3–12% of metal value), and (3) a small premium for purity certification on bars. Always verify the exact day's retail rate with a reputable local dealer before transacting.

Want today's rate in Jordan? See live gold prices in Jordan with minute-by-minute updates and per-karat breakdowns.

Different month or year? Use the prev / next buttons above, or jump to the full 2023 archive or the USD-only September 2023 page with the country-by-country list at the bottom.

Other markets? Compare September 2023 prices across other major gold-trading countries: Saudi Arabia, United Arab Emirates, Egypt, Lebanon, Iraq, Kuwait.

Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested period, converted to JOD at the 2023-end exchange rate. They are intended for informational and educational use only and do not constitute investment advice or a price quote for buying or selling physical gold today. Always verify current local rates with a reputable bullion dealer in Jordan before transacting.