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

Key Point	Details
Why in News	Dubai unveiled the world’s largest gold bar, weighing 300.12 kg, valued at ₹211 crore ($25 million). Recognized by Guinness World Records, it surpassed the previous record of a 250 kg gold bar held by Japan.
Gold Bar Weight	300.12 kg (661 lb 10 oz)
Gold Bar Value	₹211 crore ($25 million)
Previous Record	250 kg gold bar, held by Japan
Location	Displayed at Dubai Gold Souk Extension, UAE
Crafting Time	Approximately 8–10 hours, created by Emirates Minting Factory
Purpose	To honor UAE’s legacy and showcase innovation in gold craftsmanship
Current Gold Price (India)	₹79,150 per 10 grams (99.5% purity: ₹78,750 per 10 grams)
Relevant Authority	Guinness World Records
Static Point (Dubai)	Capital of UAE; Known as a global hub for gold and precious metals trade