Block Gold Rates by Paying just 10% Advance at Malabar Gold & Diamonds.
- Benefit from Gold Rate no matter how gold prices move
- Pay 10% advance and block the Gold Rate
- Get benefit of the booked rate if price increases during purchase
- Get the lower Gold Rate if price goes down during purchase
Malabar Gold & Diamonds, one among the largest jewellery retailers globally with a strong retail network of over 285 outlets spread across 10 countries, is providing customers with the opportunity to benefit from the reduced gold rate, through the 10% advance booking option, be it for personal use or as an investment.
The brand has announced this offer as part of the upcoming festive season, through which, customers can just pay 10% advance for their favorite jewellery and block the gold rate until 23rd October 2022, protecting themselves from any increase in gold rate during this period. If gold rate increases at the time of purchase, customers can avail the blocked rate and if it reduces, they can still draw mileage of the reduced rate i.e. a customer intending to buy gold jewellery worth AED 10,000 just needs to pay AED 1000 to avail the advance booking offer and in turn get protected from the increasing gold rates. This offer will be valid until 23rd October 2022 across all Malabar Gold & Diamonds outlets.
“With festival season right around the corner, we have introduced this offer to protect our customers from the fluctuation in gold rates as they make up their shopping plans. By paying just 10% of the total amount as advance, they can block the prevailing gold rates. The main attractiveness of this campaign is that the customer always gets the benefit of lower gold rate, during purchase”, said Mr. Shamlal Ahamed, MD – International Operations, Malabar Gold & Diamonds.
With the upcoming festive season, this exclusive offer from Malabar Gold & Diamonds will help customers shop for their favorite jewellery, without having to worry about the gold price. Gold being a reliable investment is one of the intrinsic reasons for people buying gold jewellery while also serving as an adornment. It is the ease to liquidate the metal for cash without losing much value even during difficult times that has further increased its dependability.
In addition to the 10% advance option, customers can also pay 50% and 100% of the amount as advance to get gold rate protection for 90 days and 180 days respectively. This option will be available to customers throughout the year across all stores of Malabar Gold & Diamonds.
Malabar Gold & Diamonds
Malabar Gold & Diamonds is the flagship company of Malabar Group, a leading diversified Indian business conglomerate.
Established in 1993 in the Indian state of Kerala, Malabar Gold & Diamonds today has a strong retail network of over 285 outlets spread across 10 countries in addition to multiple offices, design centers, wholesale units and factories spread across India, Middle East, Far East & USA. With an annual turnover of $4.51 billion, the company currently ranks one among the largest jewellery retailers globally.
With 14 manufacturing units in India and GCC – the company currently has 12 exclusive jewellery brands to cater to the discerning needs of customers. With headquarters in Kerala and branches across India, Middle East, Far East and USA, Malabar Group is best known for its activities in the field of gold, diamonds, silver and lifestyle articles.
Malabar Group also operates MGD – Lifestyle Jewellery, a retail concept offering trendy and light weight jewellery that represents the independent and the modern woman through its designs and collections.
The group, owned by over 4,000 shareholders excels in quality products and services, has more than 14,000 professionals from over 26 countries working for its continued success.
Malabar Gold & Diamonds also features an online store www.malabargoldanddiamonds.com providing customers the opportunity to purchase their favorite jewelry at any time and on any day from the comfort of their homes.
CSR has been the primary commitment of the group since its inception; integrating ESG (Environmental, Social & Governance) principles into the core business. The key CSR focus areas of Malabar Group are Health, Education, Women Empowerment, Housing, and the Environment. The ESG goals of the organization are periodically strengthened by integrating responsibility and sustainability to remain a socially conscious and responsible organization. The group contributes 5% of its profit to such initiatives in the same country of operation.