Gold revolution by Shubh Jewellers: Pay less while buying gold

Now buying gold will be more easy than shopping for groceries. All one has to do is to multiply the gold weight by looking at the price running on the digital scrolls at the store where you go for gold shopping. All the worries regarding the wastage and making charges will all be ruled out along with the hidden cost on the gold jewelry. This idea is brought up by Shubh Jewellers who has launched the “Gold Revolution” in India.

The country’s leading gold jewellers and exporter Rajesh Exports is all set to kick off a new gold revolution that will put up a new trend on the retail jewellery business. Shubh, the retail jewelry brand of the Rs. 20,000 crore Rajesh Exports, will soon be setting up a mall exclusively for gold known as the Shubh Gold Mall on MG Road, Bangalore. The investment for the same is estimated to be about Rs. 40 crore.

They aim at bringing about transparency in gold trade and will offer the buyers a real rate per gram without having to compromise on its purity, weight or the price of the gold. To a happy note, Karnataka will be the first state to witness such a gold revolution and is planning to roll out in entire Indian within the next 12 months.

At present, the gold buying is such that the buyers are paying 20%-30% more on their purchase in the guise of making charges, value additions or in other words wastage. But with this revolution, the real rate per gram will bring about a transparent method and offer hallmark guaranteed 22ct jewelry to its customers. With this the people can calculate the real price on their own by just looking at screens flaring the daily gold’s prices.

The company is also expecting a 30-35% share in the 22ct retail jewelry business and is looking forward to launch around 250 Shubh stores in India in the next 18 months.

Get Updates by eMail: Submit eMail Here

Comment

( 1 Comment so far )

• David Achu
  
  Jun 21, 2010 at 01:43:pm

  Dear Sir
  Thank for reading my mail, I am call David Achu from Africa Guinea
  Sir i am a gold dealer product such as gold dust and gold nuggets
  I am here for a business opportunities for your behalf
  Sir i wish to appeal if you can look for me a gold dust and gold nuggets buyer in your country
  I have also some precious stones from Africa
  This deals will be on a commission offer of 10%
  Sir if you can provite let me know
  Waiting to hearing from you soon
  best regard
  Sincerely
  David Achu
  davidachu2@gmail.com