Which City of the World is Known as the City of Gold?

Gold has always been a symbol of beauty, wealth, and power. Across the world, several cities have gained fame for their golden history, trade, and prosperity. Some became known for gold mining, while others for their luxury and brilliance. Among these, one city shines the brightest — often called the “City of Gold” for its glittering charm and global influence.

City of Gold in the World

The city known as the City of Gold in the world is Dubai, located in the United Arab Emirates (UAE). It earned this title because of its famous gold markets, luxurious lifestyle, and rapid development from a small desert town to a global business hub. Dubai shines as a symbol of wealth, opportunity, and modern success.

Why is Dubai Called the City of Gold?

Dubai earned its title “City of Gold” because of its deep connection with the gold trade and luxury lifestyle. The city’s Deira Gold Souk, one of the largest gold markets in the world, features hundreds of shops selling jewelry, coins, and ornaments.
People from all over the world visit Dubai to buy gold due to:

  • High purity (22K and 24K)
  • Affordable prices
  • Tax-free shopping

Dubai’s gold market reflects both its rich heritage and modern business excellence, blending tradition with global trade.

The History of Gold Trade in Dubai

Before the discovery of oil, Dubai’s wealth came from gold and pearl trading.
In the early 1900s, merchants from India, Persia, and Africa used Dubai’s ports to exchange gold and other valuable goods. Its strategic position on the Persian Gulf made it a natural center for trade.
Over time, this trade helped shape Dubai’s economy, transforming it into one of the leading gold trading cities in the world. Even today, gold remains one of Dubai’s top exports, linking its modern prosperity to its golden past.

Tourism in the City of Gold

Tourism plays a major role in maintaining Dubai’s golden reputation. Every year, millions of travelers visit to experience its luxurious lifestyle and world-famous landmarks such as:

  • Burj Khalifa, the tallest building in the world
  • Palm Jumeirah, a man-made island shaped like a palm tree
  • Dubai Mall, one of the world’s largest shopping centers
  • Gold Souk, a paradise for jewelry lovers

Dubai combines modern elegance, Arabian tradition, and stunning architecture, making it a dream destination for tourists.

Another ‘City of Gold’ in the World

Besides Dubai, Johannesburg in South Africa is also known as the “City of Gold.” The name comes from its historic gold mines, discovered in the 1880s. The gold rush transformed Johannesburg into South Africa’s financial and industrial heart. The city literally grew on gold and became one of Africa’s richest urban centers.

Interesting Facts About the City of Gold

  • Dubai is one of the world’s top gold trading hubs, exporting to Asia, Africa, and Europe.
  • The Dubai Gold Souk has over 300 shops, selling everything from simple bangles to elaborate wedding jewelry.
  • Gold jewelry in Dubai is known for its purity (mostly 22K and 24K) and trusted quality.
  • The title “City of Gold” represents Dubai’s wealth, innovation, and opportunity.
  • Johannesburg’s mines once produced nearly half of the world’s gold, making it one of the richest cities in Africa.
Akansha Arora

My role as a content writer specializing in current affairs at Adda247 involves meticulously researching and crafting compelling articles aimed at guiding and informing candidates preparing for National and State Level Competitive Government Exams. With a dedication to educational excellence, I strive to keep our candidates abreast of the latest developments and trends in current affairs. By providing insightful and engaging content, I aim to ensure that aspiring candidates are well-prepared and informed for their examinations.

Recent Posts

Fitch Ups India’s FY26 Growth Forecast to 7.4% Amid Strong Consumer Demand

Global credit rating agency Fitch Ratings has revised India’s GDP growth forecast for FY26 to…

11 mins ago

Asim Munir Formally Appointed Pakistan’s First Chief of Defence Forces

In a landmark shift in Pakistan’s military command structure, Field Marshal Asim Munir has been…

13 mins ago

Top 10 States with Smart City Projects in India (2025 Update)

India’s Smart Cities Mission (SCM), launched in 2015, is entering its final stretch with an…

47 mins ago

November 2025 Month Current Affairs PDF

Welcome to the November 2025 Edition of the Affairs PDF – your all-inclusive monthly guide to…

1 hour ago

RBI’s ₹1 Trillion OMO Purchase: What It Means and Why It Matters

The Reserve Bank of India (RBI) recently announced two major liquidity measures, a ₹1 trillion…

1 hour ago

Which Animal is Known as the Unicorn of the Sea? Know the Name

The ocean is full of amazing and mysterious creatures, many of which are rarely seen…

2 hours ago