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The 21-carat Najmat Taiba has been recognised by the Guinness World Records and endorsed by the World Gold Council as the largest gold ring. Image Credit: Sahara Centre

Sharjah: Najmat Taiba (Star of Taiba), the world’s largest gold ring worth $3 million, is on display at Sahara Centre in Sharjah.

The 21-carat Najmat Taiba has been recognised by the Guinness World Records and endorsed by the World Gold Council as the largest gold ring.

It weighs almost 64kg and is studded with 5.1kg of precious stones and diamonds as well as 615 Swarovski crystals. The ring was crafted by 55 goldsmiths, who worked on it for 10 hours a day for 45 days.

The ring is owned by Dubai-based company Taiba and has been put on display by Rossella Jewellery.

The Najmat Taiba cost its owner only $547,000 to make back in 2000 when gold was priced at about $250 an ounce.

Gold prices have since soared and the metal is now trading at a high of about $1,497.50 an ounce, giving the ring an immense value estimated at $3 million.

Gold and jewellery enthusiasts can view the ring on the ground floor of the original Sahara Centre, opposite the Rossella Jewellery store.