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Agold souk (Arabic:سوق الذهب) is agold market inArab countries of theArabian Peninsula and particularly inGCC countries.[1] The wordsouk is mostly used by Arabs for open markets. The term evolved through the expatriates settled in theGulf Cooperation Council countries and spread to other Asian and Western parts due to the growing number of expatriates in GCC countries. The term is often used to refer to the gold market inArabized orMuslim cities, but also appears in Western and Asian cities.
The world's largest indoor gold souk is located atDeira,Dubai,UAE.[2]