Search DubaiPRNetwork.com

Dubai and UAE

Monday, June 22, 2020/ Editor

Home >> Beauty and Cosmetics

Customers can Benefit from Increasing Gold Rate by just Paying 10% Advance at Malabar Gold & Diamonds

Customers can Benefit from Increasing Gold Rate by just Paying 10% Advance at Malabar Gold & Diamonds

Home >> Beauty and Cosmetics
• Get benefit of the booked rate if price increases during purchase
• Get the lower Gold Rate if price goes down during purchase
• Pay 10% advance and block the gold rate for 30 days
• Pay 100% advance and block the gold rate for 180 days
 
 
Dubai, United Arab Emirates, June 22, 2020:   Gold continues to reaffirm its prominence as an investment, asset and adornment even during the unprecedented situation we continue to face globally. In the wake of rising gold prices, Malabar Gold & Diamonds, one among the largest jewellery retailers globally with a strong retail network of over 250 outlets spread across 10 countries, is providing customers with Gold Rate Protection Scheme, a unique opportunity to buy gold, be it for personal use or as an investment, at the best rates. 
 
Customers can just pay 10% advance for their favorite jewellery and benefit from increasing Gold Rate for 30 days from the date of booking, protecting themselves from the increase in gold rate during this period. If gold rate increases at the time of purchase, customers can avail the booked rate and if it reduces they can still draw mileage of the reduced rate i.e. a customer intending to buy gold worth AED 10,000 just needs to pay AED 1,000 to avail the advance booking offer and in turn get protected from the increasing gold rates. 
 
Another highlight of this campaign is that customers also have an option to pay 100% advance and block the gold rate for 180 days from the date of booking. This offer will be valid until 30th September across all Malabar Gold & Diamonds stores in UAE, Qatar, Bahrain, KSA and Malaysia.
 
“Gold prices typically rise at times of uncertainty as it is considered as the safe haven by investors across the globe. Hence, this scheme has been designed in such a way that our customers are not affected by the increase in gold rates, by providing them with an option to block the rate, by either paying  just 10% or 100% of the value, and get gold rate protection for 30 days and 180 days respectively. 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 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 during these difficult times that further increases its dependability. While all other assets like currency, oil, stock markets, real estate etc. have steeply declined in value, gold has appreciated 30-35% in the last one year.  This consistent performance of gold as an appreciating and moveable asset has led to individuals with excess cash reserves beginning to acquire gold. Being the only investment to offer all these benefits, while also being a prestigious lifestyle article, gold jewellery is expected to attract new buyers in the immediate future.

 

Share


Previous in Beauty and Cosmetics

Next in Beauty and Cosmetics


Home >> Beauty and Cosmetics Section

Latest Press Release

The World Between Lines and Symbols: An Interactive Art Workshop at Mohammed Bin Rashid Library

Malls Across Dubai Come Alive This DSS With Non-Stop Entertainment, Unbeatable Prizes, and Endless S ...

Emirates A350 debuts in Dammam

Emirates Post collaborates with Dream Dubai to launch AED100,000 prize campaign to celebrate UAE's Y ...

HBMSU Hosts Strategic Mid-Year Gathering Reinforcing Institutional Alignment and Performance Account ...

ROSHN Group Participates at INNOPROM 2025, Russia's Largest Industrial Trade Fair, to Promote Collab ...

Superman Dives Into Dubai Mall

Integrated resorts set to transform tourism experiences across the Middle East and beyond

dnata Catering & Retail forms strategic partnership in Indonesia

MBRF and UNDP to organise 10th edition of Knowledge Summit

Dubai Judicial Institute's Board of Directors holds its third meeting for 2025

Dubai Culture Wins 'Best AI Governance Framework 2025' at GovTech Innovation Awards

Taiwan Excellence Launches Innovative "Go Healthy with Taiwan" Campaign in the GCC

Uae Pavilion Celebrates Two Million Visitors With A Celebration Of Hope And Shared Dreams

G42 and UAE Team Emirates–XRG launch first global GEN AI-designed helmet and competition

Vacheron constantin presents métiers d'art tribute to the celestial the quest for excellence captur ...

Fred shines with new high jewelry creations: 1936 & soleil d'or sunrise

Tadej Pogačar sprints to second in thrilling stage 2 at the Tour de France

UAE Participates in BRICS Finance Ministers and Central Bank Governors Meeting under Brazil's Presid ...

UAE and Cuba hold first session of their Joint Economic Committee to enhance cooperation in trade, i ...