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Malabar Gold & Diamonds is an Indian jewellery group headquartered in Kozhikode, Kerala. The company was founded by M. P. Ahammed in 1993. [ 2 ] As of May 2023, it owns more than 330 showrooms across 11 countries, making it one of the largest chains of jewellery retailer in the world.
It has over 200 stores in India and a presence in the Middle East, with stores in the UAE, Qatar, Oman and Kuwait. The company's international expansion aims to cater to the Indian diaspora . In 2014, Warburg Pincus picked up a minority stake in Kalyan Jewellers for ₹ 700 crore and a second tranche of ₹ 500 crore in 2017.
Gold prices (US$ per troy ounce), in nominal US$ and inflation adjusted US$ from 1914 onward. Price of gold 1915–2022 Gold price history in 1960–2014 Gold price per gram between Jan 1971 and Jan 2012. The graph shows nominal price in US dollars, the price in 1971 and 2011 US dollars.
The New York spot price of gold closed Tuesday at just over $2,657 per Troy ounce — the standard for measuring precious metals, which is equivalent to 31 grams — the highest recorded to date ...
The standard gold bar held and traded internationally by central banks and bullion dealers is the Good Delivery bar with a 400 ozt (12.4 kg; 27.4 lb) nominal weight. However, its precise gold content is permitted to vary between 350 ozt (10.9 kg; 24.0 lb) and 430 ozt (13.4 kg; 29.5 lb). The minimum purity required is 99.5% gold.
The FBI is investigating an incident aboard a Royal Caribbean cruise ship allegedly involving an unruly passenger. The incident took place Monday aboard the Navigator of the Seas, which was ...
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M. P. Ahammed (born 1 November 1957) is an Indian businessman and the chairman of the Malabar Group of Companies. He is also the founder of Malabar Gold and Diamonds, one of the world's largest retail jewellery groups.