Recently, Dubai made headlines by unveiling the world’s largest gold bar, which weighs 300.12 kg (661 lb 10 oz) and is valued at approximately Rs 211 million (roughly $25 million). This monumental work of art was unveiled during the expansion of the Dubai Gold Souk on December 7-8, 2024, marking a significant achievement recognized by the Guinness Book of World Records. The previous record was held by a 250 kg gold bar exhibited in Japan.

Record Gold Bar Details

Weight: 300.12 kg
Value: Rs 211 million ($25 million)
Manufactured by: Emirates Minting Factory
Time to Create: Approximately 8-10 hours
Purity: 99.5

Mohammed Kharsa, deputy general manager of Emirates Minting Factory, said Guinness had received meticulous documentation to ensure its standards were met for this record-breaking bar. The opening event attracted many visitors, who had the unique opportunity to take photos next to the gold bar, reinforcing Dubai’s reputation as a world leader in gold and luxury trade.

Visitor Experience

The gold bar is displayed in a glass case outside the Emirates Minting Factory store, allowing visitors to admire it up close. This event demonstrates Dubai’s commitment to excellence in the precious metals industry and is a testament to its continuing legacy of innovation and craftsmanship.

Gold Price Context

As this historic event unfolded, gold prices in India remained stable at around ₹79,150 per 10 grams for 99.5% purity, reflecting Dubai’s influential role in setting benchmarks for the global gold trade.

This inauguration symbolises more than just a record; it represents the UAE’s enduring commitment to pushing the boundaries of the global precious metals market and honouring its rich heritage.

Image Source: WION