The Hand of Midas appeared in Aladdin and the King of Thieves. It has the power to turn anything to gold. Aladdin's father Cassim spent much of his life looking for the Hand in the belief that he could use it to help his family, but when he finally found it, he realized that all he had accomplished was taking himself away from his family, prompting him to discard the Hand by throwing it to the bottom of the sea.
It is based on the famous myth of King Midas and the Golden Touch, hence the object's name and ability, which is odd because the story of King Midas is a Greek Myth, not Arabian.
Appearance
It is a solid gold left hand with what appears to be a bronze handle. One must be careful not to touch the actual hand section, or they will turn to solid gold. Only objects that directly touch the hand will be turned to gold. Objects touching the gold created by the hand will not be effected, even if the hand is sitll touching the gold item.