Dhanatrayodashi 2019: India is the world’s second largest consumer of gold. Some experts believe that gold demand may recover this festival season. Dhanteras 2019 has brought attractive discount offers for customers this festive season. Leading jewellery firms such as PC Jeweller, Tanishq and Senco Gold have announced festive season offers and cashbacks on select gold and diamond products to attract customers.
Days ahead of Dhanteras 2019, jewellery firms such as PC Jeweller and Tanishq have announced discounts and cashbacks on select gold and diamond products to attract customers.
Dhanteras 2019 – Jewellers Offer Discounts, Cashbacks On Gold Purchase
With gold prices hovering near Rs 38,000 per 10 gm mark, down from last month’s record high of about Rs 40,000 per 10 gm, demand for gold is likely to rise this festive season.
In India, the world’s second largest consumer of the yellow metal, many customers hold their gold purchases till the festival season especially Dhanteras. With gold prices now down from last month’s record high of about Rs. 40,000 per 10 gm, some experts believe that gold demand may see a mild recovery. The cashback schemes launched by jewellers – including those enabling the exchange of gold – and heavy discounts on making charges could be a good demand booster, according to Brijesh Parnami, CEO, Coretree Wealth Advisory Services.
Dhanteras 2019 – Here are some of the offers announced by the jewellery firms just ahead of the Dhanatrayodashi festival:
PC Jeweller Dhanteras offer
PC Jeweller is offering cashback of up to Rs. 18,000 on buying Dhanteras jewellery vouchers from Paytm. This offer is valid for redemption from October 25, 2019, to October 31, 2019, PC Jeweller’s said on its website – pcjeweller.com. The cashback scheme is valid for both online and offline stores through the use of both debit and credit cards, PC Jeweller said.
30 per cent discount is also available on diamond jewellery, making charges of gold jewellery, silver jewellery and articles. Also, a flat 10 per cent off is available on making charges of gold coins. Additionally, Kotak Mahindra Bank and RBL Bank customers can avail up to five per cent cashback of up to Rs. 5,000 on minimum transaction of Rs. 25,000. The cashback scheme is valid for both online and offline stores, PC Jeweller noted.
Tanishq Dhanteras offer
Tanishq is offering up to 25 per cent off on making charges of gold jewellery. Also, it is offering 25 per cent off on the full value of diamond jewellery. The offer is valid in selected cities and on selected dates, Tanishq said on its official website – tanishq.co.in. Additionally, customers will get discount of Rs 1,000 if they buy jewellery worth above Rs 14,000 with HDFC cards.
Malabar Golds and Diamonds Dhanteras offer
On the occasion of Diwali, Malabar Golds and Diamonds is offering one free gold coin with every purchase of gold jewellery worth Rs. 15,000, according to its official website -malabargoldanddiamonds.com. In another offer, customers can get two free gold coins with every purchase of diamond jewellery worth Rs. 15,000. This offer – which is valid till October 31, 2019 – is available only for online purchases. Additionally, SBI card customers can get 5 per cent extra cashback, which is valid till October 27, 2019.
Customers can get 5% extra cashback on purchase of jewellery via a SBI card, the firm says on its website. This offer – which is valid till October 31, 2019 – is available only for online purchases. Additionally, SBI card customers can get 5 per cent extra cashback, which is valid till October 27, 2019.
Senco Gold and Diamonds
Senco Gold and Diamonds has announced Dhanteras Dhanvriddhi festival. The jeweller is offering flat Rs 600 discount on gold, diamond and platinum jewellery on purchase of or below Rs 20,000 by using a promo code DHAN600. On purchase of gold, diamond and platinum jewellery above Rs 20,000, customers can get Rs 1,900 by using DHAN1900 as the promo code. The offer which is valid from October 21 to 27, 2019 is not applicable to gold and silver coins and bars.