GCB JEWELLERY L.L.C. ("GCB Jewellery," "we," "us," or "our")
1. Purpose of this Disclosure
This Risk Disclosure Statement ensures that customers understand the risks associated with purchasing gold bars and jewelry as physical assets. This document does not constitute investment advice.
2. General Risk Warning
- Gold prices fluctuate based on market conditions
- The resale value of jewelry may differ from purchase price
- Past price performance does not guarantee future results
- Physical assets require secure storage and insurance
3. Key Risk Categories
a) Market Price Risk
Gold prices are subject to fluctuations due to economic conditions, currency movements, supply and demand, and geopolitical events. The value of your gold may increase or decrease.
b) Liquidity Risk
While gold bars generally have good liquidity, jewelry items may have limited resale markets. Custom pieces may be particularly difficult to resell at full value.
c) Authentication Risk
Always purchase from reputable dealers. GCB Jewellery provides certificates of authenticity for all gold bars and guarantees the purity of all products.
d) Storage Risk
Physical gold requires secure storage. Loss, theft, or damage may occur if not properly stored and insured.
e) Making Charges
Jewelry includes making charges above the gold value. These charges are generally not recoverable upon resale.
f) Currency Risk
International gold prices are typically quoted in USD. Exchange rate fluctuations may affect the local currency value.
g) Regulatory Risk
Changes in import duties, taxes, or regulations may affect the gold market and prices.
h) Buyback Terms
Our buyback program is subject to current market rates and conditions. Buyback prices will differ from original purchase prices.
4. Not Investment Advice
GCB Jewellery is a retailer of jewelry and gold bars. We do not provide investment advice. Customers should consult financial advisors for investment decisions.
5. Product Specific Risks
Gold Bars
- Must remain in original packaging with certificates for optimal resale value
- Damage or tampering may affect value
- Storage and insurance costs should be considered
Jewelry
- Fashion trends may affect desirability
- Gemstones may have separate valuation considerations
- Wear and tear affects condition and value
6. Customer Responsibilities
- Verify product authenticity using provided certificates
- Arrange appropriate insurance for valuable items
- Store products securely
- Understand that purchases are primarily for personal use, not investment
7. No Guarantee of Value
GCB Jewellery makes no representations regarding future gold prices or the investment potential of our products. We guarantee only the quality and purity of our products as stated.
8. Limitation of Liability
GCB Jewellery is not responsible for:
- Market price fluctuations
- Investment decisions made by customers
- Loss or damage after delivery
- Storage or insurance arrangements
9. Acknowledgement
By purchasing from GCB Jewellery, you acknowledge that you have read, understood, and accepted the risks described herein.
10. Contact
Questions regarding this Risk Disclosure may be directed to:
GCB JEWELLERY L.L.C.
Shop No. 12, Gold House Building
Deira Gold Souq, Dubai, U.A.E.
Email: info@gcbdubai.com
Phone: +971 4 226 9600