DUBAI, United Arab Emirates, Jan 29 (Bernama) -- In a landmark moment for the region’s gold and jewellery industry, Ithra Dubai has officially launched Dubai Gold District, a purpose-built destination designed to elevate Dubai’s position as the world’s leading destination for gold and jewellery trade. The launch of Dubai Gold District marks a new phase in Dubai’s development as a global centre for retail, commerce, and trade. Developed as a unified destination, the District brings together the full gold and jewellery value chain in one location, spanning retail, bullion, wholesale trade, and investment. By consolidating these activities, Dubai Gold District strengthens Dubai’s position as one of the world’s most trusted global destinations for gold.
The launch also reflects the UAE’s continued role as a leading global trading nation for gold and precious metals. In 2024–25, the country exported approximately USD 53.41 billion worth of gold, with major trading partners including Switzerland, the United Kingdom, India, Hong Kong and Turkiye, positioning the country as the world’s second-largest physical gold trading destination.
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