International News
World’s largest pearl – weighing 27.65kg and valued at $98m displayed in Canada; holds the Guinness World Record.
The world’s largest pearl – weighing 27.65kg and valued at $98m is currently being displayed at a secret venue in Canada.The Giga Pearl belongs to Toronto-based artist Abraham Reyes and is being shown as part of his Beneath The Surface exhibition of pearls, diamonds, and other precious stones. It has been certified by the GIA as the world’s largest natural blister pearl and holds the Guinness World Record.
The pearl was created 1,000 years ago by a giant clam, the largest of all bivalve molluscs (soft-bodied sea creatures with a hinged shell).It has been certified by the GIA as the world’s largest natural blister pearl and holds the Guinness World Record.
Abraham Reyes, who lives in Toronto, owns the pearl, which was passed to him in 2019 as a family heirloom from his great aunt, who was gifted the giant clam containing the pearl by Reyes’s grandfather, who in turn bought it from a fisherman in the Philippines.
US spot Gold prices climbed above $4,250 early Monday, touching a six-week high as investors turned cautious ahead of the upcoming US ISM Manufacturing PMI release. The yellow metal is poised for further upside momentum if it secures a sustained daily close above the crucial $4,250 resistance level.
The US Dollar opened December on a softer note, pressured by rising expectations that the Federal Reserve may announce a rate cut next week. Growing market confidence in easing monetary conditions has boosted the appeal of non-yielding assets such as gold.
Analysts note that a decisive break and close above $4,250 could reinforce bullish sentiment and pave the way for an extended rally in the days ahead. As global markets await fresh cues from the US economic calendar, gold continues to benefit from a favorable macroeconomic backdrop and robust safe-haven demand.
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