UAE

Video: Dubai Launches a Gold Banknote

Video: Dubai Launches a Gold Banknote

Jewelry and goldsmith companies in the UAE have introduced a unique product: a commemorative banknote made of pure gold featuring landmarks from the city of Dubai. This 24-karat gold note is the result of a collaboration between Dian Jewellery, Finmet DMCC, and Valaurum, commemorating Dubai's historic gold trade and showcasing its famous tourist attractions. This is Dubai's first 24-karat gold note. It is not a real banknote; it is an idea by Dian Jewellery, Finmet DMCC, and Valaurum, honoring the historic gold trade in Dubai. It contains 0.1 grams of gold and is priced at about $43.

Dubai is often referred to as the "City of Gold" due to its large gold market, one of the biggest in the world. The commemorative banknote weighs 0.1 grams of gold, each note features a unique serial number, and it is sold for 159 UAE Dirhams, available for purchase in the Dubai Gold Souk.

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