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Which City Is Known As The ‘City Of Gold’ And How Early 20th Century Trade Made It A Global Destination

Dubai, known as the City of Gold, earned its title through centuries of gold trade, luxury markets, and global business growth. The Dubai Gold Souk attracts visitors worldwide, showcasing high-purity gold and strengthening the city’s reputation as a leading gold hub.

Published By: Swastika Sruti
Published: November 26, 2025 15:10:05 IST

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Dubai, located in the United Arab Emirates, holds the title “City of Gold” because the city built a strong reputation around gold trading, luxury markets, and rapid development. Dubai transformed from a desert region into a global centre for business, travel, and trade. Its skyline, modern buildings, and busy markets show the city’s economic rise.

Dubai’s gold shops, vibrant economy, and large number of international visitors strengthened this title. The city continues to attract millions of buyers looking for high-quality gold jewellery and gold products. These features make Dubai a symbol of wealth and opportunity in the region.

Why Dubai Is Called the City of Gold

Dubai stands among the world’s biggest gold trading hubs, and the Dubai Gold Souk plays a major role in this identity. The Gold Souk in Deira includes hundreds of shops that sell gold jewellery, bars, coins, and ornaments. Visitors from many countries trust Dubai for its pure gold and transparent pricing system.

Traders offer 22K and 24K gold that meets high quality standards. Tourists often visit the market to see traditional designs and modern jewellery styles. This strong demand and trusted trading environment help Dubai maintain its position as a global leader in the gold business every year.

Dubai’s connection with gold started long before the discovery of oil. In the early 20th century, traders from India, Africa, and Persia used Dubai’s ports to exchange gold and other goods.

Its location along the Persian Gulf made it a natural stop for trade routes. This early foundation created a strong commercial network that supported Dubai’s growth. As the city developed, it kept gold at the centre of its business activities. Today, Dubai exports gold to several countries and maintains strict quality control.

This long history shows how gold shaped Dubai’s identity and economic direction over many decades.

Tourism Strengthens Dubai’s Golden Reputation

Tourism plays a major role in supporting Dubai’s golden identity. Millions of visitors travel to Dubai each year to explore its landmarks, shopping centres, and cultural attractions. Popular sites include the Burj Khalifa, Palm Jumeirah, and the Dubai Mall, which draw tourists from around the world.

Many visitors also visit the Gold Souk, where they see traditional Arabian jewellery and international gold designs displayed in hundreds of shops.

The combination of modern architecture, advanced infrastructure, and strong gold markets strengthens Dubai’s global image. These features help the city remain one of the most visited destinations in the Middle East.

Johannesburg Also Known as the City of Gold

Johannesburg in South Africa also carries the name “City of Gold” because the city grew around major gold discoveries in the 1880s. The discovery of gold led to a large gold rush that attracted workers, traders, and mining companies. Johannesburg later became the economic centre of South Africa and played an important role in global gold production. Its gold mines produced a significant share of the world’s gold for many years.

This history shaped the city’s identity and contributed to its economic growth. Johannesburg’s title reflects how gold influenced its development and helped build its strong industrial base.

Dubai stands among the top global exporters of gold, supplying countries across Asia, Africa, and Europe. The Dubai Gold Souk contains more than 300 shops that offer bridal jewellery, bangles, chains, and custom designs. Buyers trust Dubai for 22K and 24K gold due to its purity and certified pricing.

The title “City of Gold” also represents Dubai’s progress in business and modern development. Johannesburg earned a similar title because its gold mines once produced nearly half of the world’s gold. Both cities show how gold represents economic strength, opportunity, and growth through trade in Dubai and mining in Johannesburg.

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