Doha: Malabar Gold & Diamonds, with over 260 retail outlets across ten countries, has announced to provide 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 pay 10% advance for their favourite jewellery and block the gold rate until November 2, 2021, protecting themselves from any increase in 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 QR1,000 to avail the advance booking offer and in turn get protected from the increasing gold rates.
This offer will start today and will be valid until November 2, 2021 across all Malabar Gold & Diamonds outlets in Qatar, UAE, 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. 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,” said MD – International Operations, Malabar Gold & Diamonds, Shamlal Ahamed.
He said 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,” said Ahamed.
