International News
Sharjah Jewellery Expo Shines with Guinness World Record Gold Gown as Global Designers Gather
“World’s heaviest gold gown unveiled as over 500 global exhibitors and 1,800 designers gather at Sharjah’s premier jewellery showcase.”
The 56th edition of the Watch & Jewellery Middle East Show opened in dazzling style at Expo Centre Sharjah, unveiling a historic centrepiece — the “Dubai Dress,” a luxurious gown crafted entirely from 21-karat gold that has officially set a Guinness World Record as the heaviest gold dress in the world.
Weighing an impressive 10.0812 kilograms and valued at AED 4.6 million, the gold masterpiece was created by Al Romaizan Gold & Jewellery and features four intricate components: a crown, necklace, earrings, and a traditional “Hiyar” piece. The ensemble instantly captivated visitors, becoming the marquee attraction of the five-day show.
The prestigious opening ceremony was attended by leading dignitaries, including Abdallah Sultan Al Owais, Chairman of the Sharjah Chamber of Commerce & Industry, and Saif Mohammed Al Midfa, CEO of Expo Centre Sharjah. Guests toured the expansive 30,000 sqm exhibition space, which showcases a curated selection of high-end jewellery, watches, diamonds, and gemstones.
With participation from over 500 exhibitors and 1,800 designers, the event reinforces Sharjah’s growing status as a global hub for jewellery trade. Exhibitors hail from around the world, with new additions from Australia, Myanmar, and Pakistan, joining returning luxury brands from Italy, India, Türkiye, China, the UK, and the United States. Notably, 68% of the exhibitors are from outside the UAE, underlining the show’s international appeal.

Chairman Al Owais praised the event for its role in positioning the UAE as a leading gold and jewellery destination and for its support of local talent through the “Emirati Goldsmiths” initiative. CEO Midfa highlighted the exhibition as a vital platform for networking, innovation, and expansion in the region’s thriving jewellery market.
As the exhibition continues, the glittering “Dubai Dress” is expected to draw thousands of visitors, setting the tone for a show rich in artistry, craftsmanship, and global connections.
International News
Significant Upside Trajectory In The Metals Sector
Precious Metals Surge on Geopolitical Optimism as Gold and Silver Rally, While Crude Oil Faces Downward Pressure Amid Ongoing US–Iran Developments
Gold rates and silver rates in India will be driven by global trends, as the Indian market is closed. Trading in commodities, including gold and silver, will be closed for half a day on April 14 at MCX.
We are seeing a significant upside trajectory in the metals sector, driven by recent geopolitical synergies:
- Gold Asset Class: Spot prices have achieved a value-add recovery, scaling past the $4,760/oz threshold.
- Silver Asset Class: Currently experiencing a high-growth phase, surging approximately 2% to reach a target density near $77/oz.
- Market Bandwidth: While the MCX interface is currently undergoing a scheduled half-day service window on April 14,
- Energy Sector Headwinds
Conversely, the energy vertical is facing downward scalability issues:
- Crude Oil Index: Both US WTI and Brent Crude are failing to gain leverage, currently underperforming by 2% and hovering around the $98/bbl mark.
Geopolitical Synergy & Risk Mitigation
The recent bullish momentum in precious metals is a direct byproduct of strategic bilateral engagement between the US and Iran. Key stakeholders are currently deep-diving into negotiations to extend the current truce framework.
- US Perspective: President Trump has acknowledged a proactive outreach from Tehran following the implementation of a naval blockade.
- Iranian Alignment: President Pezeshkian has signaled readiness to move the needle on peace discussions, provided all deliverables remain within the compliance framework of international regulations.
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