Gold price continues to increase to record levels, right time to invest: Jewellers – Times of Oman

  • Date: 27-Jul-2020
  • Source: Times of Oman
  • Sector:Oil & Gas
  • Country:Oman
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Gold price continues to increase to record levels, right time to invest: Jewellers – Times of Oman

Gold price continues to increase to record levels, right time to invest: Jewellers

Muscat: Global investors and central banks continue to invest in gold as a safe-haven asset, making the yellow metal hit record high prices.

Malabar Gold & Diamonds further increases the attractiveness of the yellow metal by making it an easy buy for consumers through the Shubh Aarambham Price Promise discount campaign, offering them attractive discounts on gold and diamond jewellery.

The ease to liquidate the metal for cash without losing value even during difficult times has further increased its dependability and preference. While all other assets like currency, oil, stock markets, real estate etc. have steeply declined in value, gold has appreciated around 35 per cent in the last one year, further strengthening its position even during this global pandemic situation.

For the first time, the campaign will offer customers a 20-50% discount on making charges of 18K, 21K and 22K gold jewellery and up to 25% discount on diamond jewellery. Additionally, there will also be an exclusive display of 'Special Buy' products at attractive bargains. Additionally, customers can pay 10% advance for their favourite jewellery and benefit from increasing gold rate for 30 days from the date of the booking,