SHARJAH 29 January 2018: Sahara Centre, Sharjah’s leading retail, entertainment and leisure destination, is proud to display the world’s largest gold ring, Najmat Taiba (Star of Taiba).
Mall visitors can view the $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 US$3 million.