Gold and diamond jewelry retail chain Malabar Gold and Diamonds on Wednesday introduced the launch of ‘One India One Gold Fee’, an initiative providing uniform gold price throughout all states within the nation for 100 per cent BIS hallmarked gold.
“Whereas the COVID-19 pandemic has induced extreme turmoil throughout sectors, the demand for gold has stayed constantly excessive. This reveals the Indian shopper’ affinity in direction of the yellow metallic as a saving and wealth creation instrument,” Malabar Group Chairman Ahammed MP stated in an announcement.
Ahammed additional famous that “our initiative of ‘One India One Gold Fee’ goals to additional defend the patron curiosity by offering them with a uniform gold price with out compromising on purity”.
As prospects gear up for Dhanteras and Diwali, Malabar’s initiative on uniform gold pricing can be applied throughout its 120 showrooms within the nation.
All present privileges equivalent to zero per cent deduction on trade and greatest worth on buyback will proceed like earlier than, the assertion added.