Gold weight X Purity X Buying rate
The process we pay are based on the amount of the precious metals you have for sale and the current spot price for those metals. Precious metals are internationally traded commodities. Their prices, known as spot prices, are determined by the supply & demand of markets. There is a “Buy” price and a “Sell” price on every commodity including gold. While purchasing gold, the customer checks the “Sell” price on display i.e. the price which the customer must pay to purchase the gold. It is important to note that the “Buy” price is taken into account when the customer has to sell the gold and this price is usually not on display.
At Muthoot Gold Point, we have qualified and trained staff for handling the gold. We value the gold with Multi Level scientific processes and state-of-the art machines that gives exact purity of the gold which in turn allows us to give best valuation for the customers’ gold ornaments/coins/bars. We also provide the option for melting the old gold at the time of selling, all of which is done in front of the customer with 100% transparency.
A valid photo id and address proof is required. Documents accepted by us are
Our all branches are open from 10:30 AM to 7:00 PM (Monday to Saturday)
Payments are based as per the company guidelines which is either by Cash (for transaction up to INR 10,000) & NEFT/RTGS/IMPS for any amount more than INR 10,000/-