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Hyderabad, the city of Nizams, is the capital city of Telangana and is located in the northern part of South India. Hyderabad is the hub of business activities in the state and South India, and the IT industry flourishes here.

The city has a rich legacy of culture and heritage. It is world-famous for delectable biryani, historical monuments like the Golconda Fort and the Charminar, mesmerising pearls, unique dialect, and the Ramoji film city, which is the largest film studio compound in the world. The city is also the house of several famous Tollywood celebrities.

The City of Pearls is often on the travel list of people looking for pure and exquisite pearl, diamond, and gold jewellery. It makes the number of gold buyers in Hyderabad pretty high.

The gold sellers and buyers in Hyderabad have innumerable options where they sell gold for cash in Hyderabad and buy trendy gold jewellery.

The city's jewellery markets are always bustling with local and visiting gold buyers in Hyderabad.

If you are looking for the best gold buyers in Hyderabad to sell gold for cash in Hyderabad, you can find several options.

Where to Sell Gold for Cash in Hyderabad

You can easily sell gold for cash in Hyderabad, and several options are available in the city. There are a lot of gold shops in the city which not only sell gold but also buy gold from customers. Here are the various options where you can sell gold for cash in Hyderabad:

  • Pawnshops: People who want to sell their gold for cash can go to a pawn shop in Hyderabad. Pawn shops buy different kinds of stuff from people for cash, and gold is one of them. However, people choosing pawn shops to sell their gold must remember that pawn shop owners are not gold experts. There is a high possibility that the pawn shop owners won't be able to find the exact value of gold due to the lack of expertise and equipment. They may undervalue the customer's gold, which will lead to a huge loss for the customer.
  • Local jewellers: Several local jewellers in the city buy second-hand gold jewellery from customers. Traditionally, people have the habit of visiting local jewellers to sell their gold ornaments. However, local jewellers are not transparent with their gold cleaning, weighing, and valuing procedures. As there are no standard processes to weigh and value the gold, customers suffer a huge loss when they sell their gold to local jewellers.
  • Specialist gold buyers like Muthoot Gold Point: You can find a specialist gold buyer like Muthoot Gold Point in Hyderabad. Muthoot Gold Point is known for its standard and transparent gold buying procedure, which gives customers a genuine and pleasant gold-selling experience. Muthoot Gold Point offers free purity testing of the customer's gold, and ultrasonic machines remove any impurities from the gold ornaments to find the genuine value and weight of the gold. What's more, all this is done right before the eyes of the customers.

Things to Look For in the Best Gold Buyers in Hyderabad

You can take care of a few points to select the best gold buyer for your precious gold ornaments. These will help you get a fair value for your gold valuables.

  • The best gold buyers in Hyderabad have authentic gold melting and weighing procedures and offer customers a fair and transparent gold-selling experience.
  • The gold buyer should clean the gold and check its purity using advanced techniques before the eyes of the customers. The purity of the gold has a positive effect on its market value.
  • The best gold buyers in the city should have simple and quick payment methods, and there should be a practice of giving an invoice to the customer for the gold he sells.
  • Gold rates constantly fluctuate throughout the day. A minor change in the price of gold on a day can significantly impact the customer's profit when he sells gold. The best gold buyers take the current market rate of gold while buying gold and not the lowest gold rate for the day, significantly adding to the customer's profit.

Documents You Need to Sell Gold for Cash in Hyderabad

You need to submit the following documents to the gold buyers to sell your gold ornaments:

1. When the gold seller is a resident Indian, he can give any 2 of the following documents:

  • Rental agreement
  • PAN
  • Aadhar card
  • Driving Licence
  • Voter's ID card
  • Passport

2. When the gold seller is a Non-resident Indian, he can give any 2 of the following documents:

  • Address proof
  • PAN
  • Passport

Why should you sell gold to Muthoot Gold Point in Hyderabad?

When an individual sells his gold for cash, he should look for the maximum return out of it. You can sell your precious yellow metal to Muthoot Gold Point in Hyderabad to enjoy the following benefits:

  • Muthoot Gold Point buys gold at the current market rate in Hyderabad and not the lowest rate for the day. As mentioned earlier, it adds tremendously to the customer's profits.
  • Muthoot Gold Point offers instant cash up to ₹10,000 on the gold. Also, they instantly transfer funds to the customer's bank account in case of a higher amount
  • Customers get an invoice for the gold they sell.
  • Muthoot Gold Point cleans the customer's gold for free using ultrasonic machines to derive the pure quantity of the gold. This process is done before the customer's eyes to ensure unmatched transparency.
  • High-quality crucibles are used to melt the gold, so no scrap gold is left behind after melting. Even small amounts of scrap can translate into a high monetary value for the customer.
  • The customer's gold is valued and weighed using the latest XRF machine.

The features and benefits mentioned above make Muthoot Gold Point the best place to sell gold for cash in Hyderabad.

Where Can I Sell Gold for Cash in Hyderabad

If you have been searching for a gold selling shop nearby, we are one of the best and old gold buyers here to serve you. Pay us a visit at our Muthoot Gold Point branch near you!

Muthoot Gold Point, Door No. 5-1-64/7, 1st Floor, Near Metro Pillar no. A 825, Opp Kukatpally

Police Station, Kukatpally - Hyderabad 500072, Telangana

Contact Number : Mobile 9072001374 / Landline : 040-23060504

Our Presence in other Locations: Gold Buyers in BangaloreGold Buyers in Madhya PradeshGold Buyers in CoimbatoreGold Buyers in KolkataGold Buyers in DelhiGold Buyers In ChennaiGold Buyers in MumbaiGold Buyers in PuneGold Buyers in NoidaGold Buyers in IndoreGold Buyers in VizagGold Buyers in  Andhra PradeshGold Buyers in Ahmedabad, Gold Buyers In Hyderabad, Gold Buyers In Kerala

Vidya Balan with Muthoot Gold Point
Muthoot Gold Point Logo

The Muthoot Pappachan Group, with a reputation that has been shaped over decades with high quality practices, total customer satisfaction and steady growth, spanning decades in the field of business, is a legacy built on God-given values of trust, truth, transparency and tradition and has become one of the top business houses today by the grace of God.

More then 4,200 Branches across India

Over 4,200 Branches across India

132 + years of Legacy

133+ years of legacy

Over 24,000 Employees Serving Millions of Customer

Over 24,000 employees serving millions of customer

Walk in of over 1,00,000 Customers Per Day

Walk in of over 1,00,000 customers per day

Sachi Jonega Testimonials on Muthoot Gold Point

My mother and I have sold some very old gold over the past few months to three different organizations. One was a branch of an old established famous Jeweller in Mumbai while two were only buyers of gold. Of these, our experience with Muthoot Gold Point has been by far the best. We were impress.. read more

SACHIN JONEJA

Vijay Sharma Testimonial on Muthoot Gold Point

I wanted to sell some gold jewellery to pay for the construction of my house – my contractor had cheated us. I saw the MGP advertisement on a government bus and decided to meet them as I was in great need. My earlier experience of selling the gold had not been good. But, the salesperson at MGP sat.. read more

Basvaraju

Shri Narayan Testimonials on Muthoot Gold Point

I can never forget Muthoot Gold Point. If I had not come to know about MGP at the right time, I could have lost everything. In family and business, money is tight, when you need it the most. At these times, if there is a provision to sell your gold, plot of land, house and silver, then you can mee.. read more

Srinarayan

I was looking to pay the last year’s fee for my eldest son’s engineering college, I did not have enough money. My wife asked me to sell all our gold jewellery and coins we had collected over the years. I went to some local jewellers and was shocked – they offered less than half of the value of the.. read more

Vijay Sharma

Amar Singh Testimonial on Muthoot Gold Point

When my father needed an emergency by-pass, I took all the jewellery and sold gold for cash, I had to MGP, straight away. I had dealt with them earlier also. The first time I took a loan was from them to set up my parlor four years ago. Luckily, i w.. read more

AMAR SINGH

Frequently Asked Questions


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    Muthoot Gold Point Branch Locations

    Visit Any of Our Branches to Sell Your Gold for Instant Cash

    • Bengaluru
    • Chennai
    • Coimbatore
    • Delhi
    • Ernakulam
    • Gurgaon
    • Kolkata
    • Madurai
    • Mumbai
    • Noida
    • Vijayawada
    • Pune
    • Hyderabad
    • Indore
    • Vizag

    Bengaluru

    Sell Gold for Cash in Bengaluru at Muthoot Gold Point

    No. 14, Sri Ramula Arcade, Jewellers Street, Near Commercial Street Police Station,
    Bengaluru - 560001, Tel: 804-2351234 & 9072031234

    Chennai

    Cash for Gold in Chennai at Muthoot Gold Point

    First Floor,Door No:214/9,Madley Road, Opp.T Nagar Bus Stand,
    T Nagar, Chennai, Tamil Nadu- 600017, Tel: +9144- 24366336

    Coimbatore

    Cash for Gold in Coimbatore at Muthoot Gold Point

    Ground Floor, Door No 323, NTR Complex, Raja Street,
    Coimbatore, Tamil Nadu 641001. Tel: +91422 2381234

    Madurai

    Sell Gold for Cash in Madurai at Muthoot Gold Point

    Ground Floor, Door No.27 A, Thottian Kinatru Street,
    Opposite Maravar Chavadi Pillaiyar Kovil Madurai Tamil Nadu 625001 India Phone: 0452-2350500

    Mumbai

    Sell Gold for Cash in Mumbai at Muthoot Gold Point

    To schedule a visit at your doorstep, please call us on given phone numbers -

    Phone: 7356534111/7034431122
    Email: mumbaimobilemgp@muthootexim.com

    Noida

    Sell Gold for Cash in Noida at Muthoot Gold Point

    Ground Floor, Plot No. 21, Block F, Sector 18 Gautam Budh Nagar Noida, Uttar Pradesh 201303

    Phone: 0120 429 6661

    Trichy

    Sell Gold in Trichy at Muthoot Gold Point

    1st Floor, Old No.25, New No.5 Opposite Axis bank Rock Fort Branch,
    Chinnakadai Street Trichy Tamil Nadu 620002 India Phone: 0431-2702200

    Delhi

    Cash for Gold in Delhi at Muthoot Gold Point

    Ground Floor, Shop No.5, Plot No – 2652/53,Stuti Building, Bank Street,
    Karol Bagh, Delhi 110005 Tel: +91 11 45539686

    Kolkata

    Sell Gold for Cash in Kolkata at Muthoot Gold Point

    Ground floor, 43 Ashutosh Mukherjee Road, Bhowanipur, Kolkata-700025,
    Near Netaji Bhavan Metro Station. Tel: +91-33-24868222, E-mail: bhowanipur@muthootexim.com

    Vijayawada

    Sell Gold in Vijayawada at Muthoot Gold Point

    Ground floor, Door No–27-14-59, Rajagopalachari Street ( East), Governorpet,
    Vijayawada – 520002, Andhra Pradesh. Tel: 0866-2973535

    Ernakulam

    Sell Gold in Ernakulam at Muthoot Gold Point

    Door No. 66/5410, First Floor, AVS , Building, M.G.Road, Near metro pillar no. 662
    Ernakulam Kerala 682035 India Phone: 0484 4862677 Email: ernakulam@muthootexim.com

    Gurgaon

    Sell Gold for Cash in Gurgaon at Muthoot Gold Point

    1st Floor, Door No. - SCF-27, Sector-14, Near Haldiram Restaurant, Gurgaon, Haryana - 122001,
    Tel: 9072001693 & 0124 – 4386468 Email: gurgaon@muthootexim.com

    Pune

    Sell Gold in Pune at Muthoot Gold Point

    Muthoot Gold Point 351 Narayan Peth, Near Vijay Talkies, Laxmi Road Pune 411030
    Contact Number : Mobile 9072001375 / Landline : 020-24480688 Email: pune@muthootexim.com

    Hyderabad

    Sell Gold in Hyderabad at Muthoot Gold Point

    Muthoot Gold Point, Door No. 5-1-64/7, 1st Floor, Near Metro Pillar no. A 825, Opp Kukatpally
    Police Station, Kukatpally - Hyderabad 500072, Telangana
    Contact Number : Mobile 9072001374 / Landline : 040-23060504 Email: kukatpalli@muthootexim.com

    Indore

    Sell Gold in Indore at Muthoot Gold Point

    UG – 4/15, Bansi Trade Centre, Roshan Singh Bhandari Marg, MG Road, Indore – 452001.
    Contact Number : Mobile 9072002088 / Landline : 0731-3500113 Email: indore@muthootexim.com

    Vizag

    Sell Gold in Vizag at Muthoot Gold Point

    Muthoot Gold Point, Ground Floor, Door no. 47-15-4, Gurbang Complex, OPP: Gupta Bro’s (Books), Diamond Park Road,
    Dwarkanagar, Visakhapatnam-530016.
    Contact Number : Mobile 9072002093 / Landline : 0891 -2552093 Email: vizag@muthootexim.com