World’s largest gold ring on display in Sharjah

World’s Largest Gold Ring Goes on Display in Sharjah

Sahara Centre, Sharjah’s leading retail, entertainment and leisure destination, is proud to be displaying the world’s largest gold ring, Najmat Taiba (Star of Taiba), for the pleasure of its discerning visitors. Customers at the mall will enjoy an exclusive opportunity to view the USD 3 million masterpiece as it becomes Sharjah’s star attraction this month.

The 21-carat Najmat Taiba, which has been recognised by the Guinness Book of World Records and endorsed by the World Gold Council, weighs almost 64 kilograms (141 pounds) and is studded with 5.1 kilograms (11 pounds) of precious stones and diamonds, as well as 615 Swarovski crystals. 55 jewel smiths worked for 10 hours a day for 45 days to craft the ring, which is owned by Dubai-based company Taiba and has been put on display by Rossella Jewellery.

 

The Najmat Taiba cost its owner only $547,000 to make back in 2000, when gold was priced at about $250 an ounce. Gold prices has since soared and are now trading high at about $1,497.50 on today’s market, giving the ring an immense value estimated at USD 3 million.

Gold and jewellery enthusiasts are encouraged to make their way to the ground floor of the original Sahara Centre, opposite the Rossella Jewellery shop, where they can indulge their penchant for luxury with a glimpse of the Najmat Taiba.

tag: international-news , business

Source: gulfnews

 

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