Jumbo Gold and Diamonds shifts to retail with Mark Gabriel Fine Jewellers

It aims to meet the demand for customisable and affordable jewelry in Singapore.

Jumbo Gold and Diamonds, a key player in the gold and diamond trading sector, has announced its transition from wholesale to retail.

The company's new venture, Mark Gabriel Fine Jewellers, aims to meet the demand for customisable and affordable jewelry in Singapore.

In a statement, the group said the decision to enter the retail market comes as they identify a growing trend amongst customers who seek alternatives to traditional off-the-shelf products. 

Mark Gabriel Fine Jewellers will offer customers the unique opportunity to personalise their jewelry, allowing them to select their preferred gemstone types and colors. 

By eliminating intermediaries from the supply chain, Jumbo Gold and Diamonds aims to price its products more competitively compared to other retailers, making luxury jewelry accessible to a wider audience.

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“Jumbo Gold and Diamonds appeals to the growing segment of customers who prioritise ethical sourcing and sustainability efforts,” the company said.

“Unlike retailers who fund middlemen and conflict causes, Jumbo Gold and Diamonds ensures that proceeds go directly to the local mining communities and families,” it added.