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

Top-5 Largest Planetariums in the World, Check the List

Planetariums are special places where people can learn about stars, planets, and the universe. They…

45 mins ago

UN Declares 2026 International Year for Rangelands and Pastoralists

The United Nations has declared 2026 as the 'International Year for Rangelands and Pastoralists', a…

1 hour ago

India International Conference on Democracy and Election Management (IICDEM) 2026: Global Hub for Electoral Excellence

The Election Commission of India (ECI) will host the inaugural India International Conference on Democracy…

1 hour ago

Which Bird is known as the Harbinger of Spring?

Spring is a beautiful season that brings new life, fresh colours, and pleasant weather after…

2 hours ago

Renowned Ecologist Madhav Gadgil Passes Away at 82

Madhav Gadgil, one of India's most renowned and influential ecologists, passed away at his residence…

3 hours ago

Federal Bank Unveils ‘The Fortuna Wave’: Strategic Brand Refresh Signaling Modernization and Digital Future

On January 7, 2026, Federal Bank Limited, a prominent Indian private sector bank, unveiled its…

4 hours ago