Why should you buy gold today?
October 25, 2019 | 10:05 AM
by Times News Service
Representative image. Credit: Pixabay

Muscat: Thousands of expatriates are queuing up at gold stores today, as India celebrates Dhanteras, which is considered an auspicious time to invest in gold.

The occasion also marks the start of the Hindu festival of Diwali.

“Dhanteras is a gold buying festival, and this year we are rewarding our customers with more gold on their purchases today,” Anto Ignatious, Regional Manager – Oman of Joyalukkas, said.

On the day of Dhanteras, October 25, customers will get free 0.200 gm 22k gold coin on purchase of gold jewellery worth OMR300 from Joyalukkas. “For those looking to upgrade to the latest designs, we are offering 0% deduction on gold exchange,” Ignatious said.

Malabar Gold & Diamonds, one of the leading jewellery retailers, has lined up a wide range of special offers this year to celebrate the festive season in style.

The range of offers includes assured gold coins on gold and diamond jewellery purchases, free 1 gm gold coin on diamond jewellery purchases of OMR 300 and get a chance to win up to 50 gold coins.

Najeeb. K, Regional Head, Malabar Gold & Diamonds, said that they are witnessing good sales today. “The sales are showing an upward growth during this season due to the festivities and associated gifting. People believe in gold being one of the best investments. All our stores have seen increased footfalls in the past few days,” he pointed out.

“Whether it is our Precia necklace set with rubies and emeralds or the traditional designs or the Era necklace set, our range has good acceptance among our discerning jewellery lovers. Keeping the tastes of our customers in mind, we always come out with new designs at regular intervals,” he added.

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