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World's biggest gold ring now worth $3 million

World's biggest gold ring now worth $3 million

The ring, which has a Guinness Book of World Records certificate for being the world's biggest gold ring, is on display at the Deira Gold Souq (market) in Dubai.

The value of a 63.856 kg, 21-carat gold ring on display in Dubai has shot up due to the spiralling price of the yellow metal, its owner has said.

The ring, which has a Guinness Book of World Records certificate for being the world's biggest gold ring, is on display at the Deira Gold Souq (market) in Dubai.

According to its owners, its value has multiplied several times over the years, due to the record gold price now.

It is studded with 5.1 kg worth of precious stones from Signity Middle East and its creation was supported by the World Gold Council.

"While it cost $547,000 to make the ring in the year 2000, the current value is worth over $3 million.

Published on: May 18, 2011, 3:56 PM IST
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