Dubai Breaks Record with World’s Largest Gold Bar, Weighing Over 300 KG

Dubai has unveiled the world’s largest gold bar, setting a new Guinness World Record on December 7-8, 2024. Weighing 300.12 kg, the bar is valued at approximately $25 million (₹211 crore). Displayed at the Dubai Gold Souk Extension, this monumental gold bar is a symbol of Dubai’s commitment to excellence in the precious metals industry. The Emirates Minting Factory, which crafted the bar, spent 8 to 10 hours creating it, ensuring it met Guinness standards. Visitors were able to capture the historic moment with a photo beside the gold bar, further enhancing Dubai’s status as a global leader in gold and luxury trade.

Record-breaking Gold Bar

• The bar weighs 300.12 kg (661 lb 10 oz) and is worth ₹211 crore ($25 million).
• Created by Emirates Minting Factory, it was crafted in 8-10 hours, adhering to Guinness standards.
• The achievement is part of UAE’s legacy, showcasing innovation and excellence in the global gold industry.

Public Display at Dubai Gold Souk Extension

• The gold bar is displayed outside Emirates Minting Factory shop in a glass case.
• Visitors thronged the area to click photos and view the bar closely on December 7 and 8.
• This display solidifies Dubai’s position as a global luxury and trade hub.

Gold Market Context

• Gold prices in India remain steady at ₹79,150 per 10 grams (99.5% purity at ₹78,750).
• Dubai’s gold leadership continues, setting benchmarks for craftsmanship and trade.

Visitors’ Experience

Visitors to the Dubai Gold Souk Extension had the rare opportunity to see this world-record gold bar up close. Many clicked photos beside the bar, which was kept in a glass display outside the Emirates Minting Factory shop. The display remains open for visitors, marking the occasion as a once-in-a-lifetime event for many.

Summary of the news