Malabar Gold & Diamonds, the leading global jewellery retailer with over 260 retail outlets 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 favourite jewellery and block the gold rate until 02 November 2021, 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 start from September 15th & will be valid until 02 November 2021 across all Malabar Gold & Diamonds outlets in UAE, Qatar, Oman and Kuwait. To ease the payment process, the brand has also enabled an online payment option through their APP, which can be downloaded via App store or Play store. This will allow customers to pay & block the gold rates online. 

 

“This is a great opportunity for customers to secure the best gold rate at the time of purchase, especially foreseeing the soon approaching festive season” said Mr. Shamlal Ahamed, MD – International Operations, Malabar Gold & Diamonds. In anticipation of the upcoming festivities, this exclusive offer from Malabar Gold & Diamonds will help customers shop for their favourite jewellery, without having to worry about the gold price. There are also extended options where customers can pay 50% advance to secure gold rate protection for 90 days and 100% advance, for 180 days respectively. This option will be available to customers throughout the year across all stores of Malabar Gold & Diamonds”. 

 

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, which has further increased its dependability.