Why Dubai is Called City of Gold

Dubai is building itself as a center of gold trading...

between African resources and consumers in the growing......

growing economy of China and India.

Dubai has a market share of more than 30% of the global gold trade

about 1,200 tons - worth about $ 41 billion - to change hands in

the city's gold markets, according to the gold industry.

VIPs from Saudi Arabia and the UAE are offering up to Dh20 million to buy the world's largest gold ring 64kg that is on display in Dubai