Top Jewelers Who Rule Over India's Gold


BANGALORE: Gold's price has been rising for over a decade now and it's a reliable hard asset, one that has in built value. The price of gold fluctuates every year as usual but it never crashes. Thus it is one of the best investments for all time and the best thing to make money by selling it. Even if the market is in complete chaos the jewelers are never in loss as they gain their maximum profits during the wedding seasons. Here is the list of jewelers who are actually ruling India’s gold as compiled by Yahoo Finance.

1. Malabar Gold and Diamonds: Malabar Gold and Diamonds is not only the flagship

This jewelry shop was started in 1993 in Calicut by its owner MP Ahmed with an investment of 50 lakh and this business has now risen to 22,000 after 20 successful years. The group has rapidly expanded over last decades in India and overseas, especially in gulf countries. Not only this, this jewelry shop has many of the actors as its brand ambassadors starting from north to south. A turnover of nearly $3.5 billion is expected by the jeweler for the Financial Year 2013-2014.  As reported in money life MP Ahmed said that “We have over 80+ showrooms worldwide, with a strong presence in both India and the Middle East, and are well on our way to achieving our aim of becoming the world's number one jeweler group by 2015.”