Gold Souq
Encyclopedia
A Gold Souq or Gold Souk is a gold
market in arab
countries of Arabian Peninsula
and particularly in GCC
countries. The word Souk is a word used mostly by Arabs for open markets. The term evolve by the expatriates settled in Gulf Cooperation Council countries, and spread to other Asian and western parts due to the growing numbers of expatriates in GCC countries. The term is often used to refer the gold market in Arabized or Muslim cities, but in modern times it appears in Western and Asian cities.
The world largest indoor gold souq is located at Dubai Mall
, Dubai
, UAE.
Gold
Gold is a chemical element with the symbol Au and an atomic number of 79. Gold is a dense, soft, shiny, malleable and ductile metal. Pure gold has a bright yellow color and luster traditionally considered attractive, which it maintains without oxidizing in air or water. Chemically, gold is a...
market in arab
Arab
Arab people, also known as Arabs , are a panethnicity primarily living in the Arab world, which is located in Western Asia and North Africa. They are identified as such on one or more of genealogical, linguistic, or cultural grounds, with tribal affiliations, and intra-tribal relationships playing...
countries of Arabian Peninsula
Arabian Peninsula
The Arabian Peninsula is a land mass situated north-east of Africa. Also known as Arabia or the Arabian subcontinent, it is the world's largest peninsula and covers 3,237,500 km2...
and particularly in GCC
Cooperation Council for the Arab States of the Gulf
The Cooperation Council for the Arab States of the Gulf , also known as the Gulf Cooperation Council , is a political and economic union of the Arab states bordering the Persian Gulf and constituting the Arabian Peninsula, namely Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates...
countries. The word Souk is a word used mostly by Arabs for open markets. The term evolve by the expatriates settled in Gulf Cooperation Council countries, and spread to other Asian and western parts due to the growing numbers of expatriates in GCC countries. The term is often used to refer the gold market in Arabized or Muslim cities, but in modern times it appears in Western and Asian cities.
The world largest indoor gold souq is located at Dubai Mall
Dubai Mall
The Dubai Mall is the world's largest shopping mall based on total area and sixth largest by gross leasable area. Located in Dubai, United Arab Emirates, it is part of the 20-billion-dollar Burj Khalifa complex, and includes 1,200 shops...
, Dubai
Dubai
Dubai is a city and emirate in the United Arab Emirates . The emirate is located south of the Persian Gulf on the Arabian Peninsula and has the largest population with the second-largest land territory by area of all the emirates, after Abu Dhabi...
, UAE.
See also
- Dubai Gold SoukDubai Gold SoukDubai Gold Souk or Gold Souk , is a traditional market in Dubai, United Arab Emirates. The souk is located in the heart of Dubai's commercial business district in Deira, in the locality of Al Dhagaya. The souk consists of over 300 retailers that trade almost exclusively in jewellery...
- Gold Souk Grande Kochi
- Gold Souk LudhianaGold Souk LudhianaGold Souk Grande, Ludhiana, with of retail space, is the largest shopping mall in the commercial capital of Punjab. It attracts Punjabis, shoppers from neighbouring cities and the large NRI population....
- BazaarBazaarA bazaar , Cypriot Greek: pantopoula) is a permanent merchandising area, marketplace, or street of shops where goods and services are exchanged or sold. The term is sometimes also used to refer to the "network of merchants, bankers and craftsmen" who work that area...