August 26, 2022:  Joyalukkas, the world's favorite jeweller, announced the guaranteed gold rate protection scheme. According to Mr. John Paul Alukkas, Managing Director of Joyalukkas Jewellery - International Operations, this will be a good plan for our valued customers since there has been a fluctuation in gold rates in recent days.

“We have worked out three different rate protection offers. Customers can pay just pay 10% advance and get assured gold rate protection for 30 days (1 Month) when they buy gold; those who pay 50% get 90 (3 Months) days rate protection and those who pay 100% get 180 days (6 Months) rate protection. Through these scheme customers will get protection from any gold rate increase during the campaign period. They also get to buy gold at the lower price, in case there is a drop in gold price at the time of purchase. The guaranteed gold rate protection scheme is on from 26th August 2022 he pointed out.

“Due to diverse factors, there has been heavy fluctuation in the gold rate over the past few months. Through our guaranteed gold rate protection scheme customers can be assured to buy their favourite gold jewellery without worrying about the rate fluctuation. This would be ideal for those who plan to buy gold closer to Diwali and Onam since they have the option to wait and buy when the price comes down. In case there is an increase in price, they get rate protection, depending on when they availed the scheme Moreover, the wedding season is on and the demand for gold is going to go up. This is the best time to pay just a minimum amount and safeguard from any price increase in the coming days,” he added.