Malabar Gold offers gold rate protection scheme – Times of Oman

  • Date: 02-Jul-2020
  • Source: Times of Oman
  • Sector:Economy
  • Country:Oman
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Malabar Gold offers gold rate protection scheme – Times of Oman

Muscat: 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 per cent advance for their favourite 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 OMR1,000 just needs to pay OMR100 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 per cent advance and block the gold rate for 180 days from