Qatar- Malabar Gold & Diamonds brings best opportunity to invest in gold


(MENAFN- The Peninsula) The Peninsula

DOHA: 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 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.

Customers can just pay a 10% advance for their favorite jewellery and block the gold rate until May 14, protecting themselves from any increase in the gold rate during this period. If the 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 QR10,000 needs to pay QR1000 to avail the advance booking offer and in turn, get protected from the increasing gold rates.

This offer will be valid until May 14, across all Malabar Gold & Diamonds outlets in UAE, KSA, Qatar, Kuwait, Bahrain, Singapore, Malaysia & the US.

'Gold prices have dropped, and it is the best time for customers to either buy now or block the low gold rate by paying just 10% as advance. The ‘Be Gold Smart' campaign has been designed so that our customers do not have to worry about gold rate fluctuations. They can pay 10% of the value and get gold rate protection until May 14. The main attractiveness of this campaign is that the customer gets the benefit of lower gold rate, during purchase, said 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 worrying about the gold price. Gold being a reliable investment is one of the intrinsic reasons people buy gold jewellery while also serving as an adornment.

It is easy to liquidate the metal for cash without losing much value even during difficult times that have further increased its dependability. In addition to the 10% advance option, customers can also pay 50% and 100% of the amount to get gold rate protection for 90 days and 180 days, respectively. This option will be available to customers throughout the year across all Malabar Gold & Diamonds stores.

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