News

Dubai has become the world’s second-largest gold trading hub, sourcing gold from Africa, Russia, Turkey, and Switzerland.
Dubai has surpassed the UK to become the world's second-largest gold trading hub in 2023. The main sourcing of gold comes ...
He remembers riding with him across Dubai Creek in an abra boat as he went to sell his pieces. He remembers when the Gold Souk, today home to hundreds of retailers, was just a few rickety stalls ...
Discover the global sources fueling Dubai’s gold trade, from Africa to Russia and beyond Dubai: When you think of Dubai’s glittering gold markets, what comes to mind? The gleaming jewellery ...
Dubai has a lot of them: one for spices, one for perfumes, and another for clothing. But the most extravagant is the gold souk, where people come from all over the world to get a deal on that ...
The city of Dubai is offering gold as an incentive for a weight loss initiative it will launch this week. The “Your Weight in Gold” program, which begins Friday registering and weighing ...
Gold is still big business in Dubai, despite reports of a 20-year low in demand for gold jewelry in the UAE. According to the Dubai Multi Commodities Centre, the emirate has cornered approximately ...
"In markets like Dubai, this creates a two-fold effect: on one hand, you see stronger interest in gold as a safe-haven asset, on the other, high prices dampen jewellery demand." At Dubai’s Gold ...
The 24K hit an all-time high of Dh420 per gram earlier this year due to the global tariff war, weakening of the US dollar and ...
From the best route around to some top-tips while you’re browsing, this is everything you need to know about the Dubai souks.
When Dubai wants to make a statement, it doesn't hold back. Take the Golden Phoenix cupcake: a fist-sized delight made with Italian cocoa, Ugandan vanilla beans and 23-carat gold. Fifteen have ...
He remembers riding with him across Dubai Creek in an abra boat as he went to sell his pieces. He remembers when the Gold Souk, today home to hundreds of retailers, was just a few rickety stalls ...