UAE’s shopping mall displays world’s largest gold ring
Dubai : Shopping mall Sahara Centre in Sharjah, one of the seven sheikhdoms of the United Arab Emirates, said yesterday in an emailed statement it displays from Sunday the world’s largest gold ring, Najmat Taiba (Arabic for ‘Star of Taiba’).
Customers at the mall can enjoy an opportunity to view the 3-million-dollar masterpiece.
The 21-carat Najmat Taiba, which has been recognised by the Guinness Book of World Records and endorsed by the World Gold Council, weighs 63.856 kilograms and is studded with 5.1 kilograms (11 pounds) of precious stones and diamonds, as well as 615 Swarovski crystals.
The Najmat Taiba cost its owner only USD 547,000 to make back in 2000, when gold was priced at about USD 250 an ounce. Gold prices has since soared and are now trading high at about USD 1,497.50 on Sunday’s market, giving the ring an immense value estimated at USD 3 million, said the statement
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