Stay Protected from increasing gold rates with Malabar Gold & Diamonds

 Stay Protected from increasing gold rates with Malabar Gold & Diamonds

• Customers can pay just 10% advance and block the gold rate
• For the first 10% advance booking made on or before 22nd October, customers will get a free diamond gift voucher worth AED 100.
• Get the benefit of the booked rate if the price increases during the purchase.
• Get the lower Gold Rate if the price goes down during the purchase.

Malabar Gold & Diamonds, the 6th largest jewellery retailer globally with an extensive retail presence of over 330 showrooms across 11 countries, has just announced its gold rate protection offer, allowing customers to block gold rates by paying just 10% of the amount as advance. To add more sparkle to the offer for jewellery lovers, the brand is also giving customers a free diamond gift voucher worth AED 100 for advance bookings made on or before 22nd October.

Through the gold rate protection offer unveiled by the brand, customers can pay just 10% advance for their favorite jewellery and block the gold rate until the 12th of November 2023, 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. Due to the upcoming festive season, the gold rate protection offer presents customers with the perfect opportunity to indulge in their festive jewellery shopping without having to worry about fluctuating gold prices.

This offer will be valid across all Malabar Gold & Diamonds showrooms. Customers can either pay the advance directly at the outlet or online, via Malabar Gold & Diamonds’ mobile app. The free gift voucher will be available only for the first 10% advance booking made by a customer before 22nd October. The gift voucher can be redeemed on or before 12th November 2023 at any Malabar Gold & Diamonds showrooms in the country of issue.

“Festive season is just around the corner with the next 6 months being all about festivals, celebrations, and weddings. Jewellery shopping is an integral part of this season and we want to ensure our customers get to maximize the benefits during this key shopping period, which is why we have introduced the Pay 10% advance booking offer. Through this, our customers needn’t worry about the increasing gold rates as they are assured the low gold rate during purchase. They are also assured a diamond gift voucher for the first advance booking adding more value to their festive gold shopping”, commented Mr. Shamlal Ahamed, MD-International Operations, Malabar Gold & Diamonds.

Malabar Gold & Diamonds is renowned globally for offering an unparalleled jewellery buying experience with convenience, and customer-friendly policies along with the ‘Malabar Promise’ of incomparable quality and service assurance. The brand had recently announced its latest policy of 100% value on diamond exchange, making diamonds an equally attractive investment option as gold.

Malabar Gold & Diamonds

Malabar Gold & Diamonds was established in 1993 and is the flagship company of Malabar Group, a leading diversified Indian business conglomerate.

With an annual turnover of $5.2 billion, the company currently ranks as the 6th largest jewellery retailer globally and today has a strong retail network of over 330 outlets spread across 11 countries in addition to multiple offices, design centers, wholesale units, and factories spread across India, Middle East, Far East, the USA & the UK. The group, owned by more than 4,000 shareholders, has more than 21,000 professionals from over 26 countries working towards 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.

The 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.

ESG (Environmental, Social & Governance) has been the primary commitment of the group since its inception. The key ESG focus area of Malabar Group are Health, Housing, Hunger Free World, Education, Environment and Women empowerment. Integrating the principles of responsibility and sustainability into its core business, Malabar Group periodically strengthens its ESG goals to remain a socially conscious and responsible organization. The group contributes 5% of its profit to such initiatives in the same country of operation.

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