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Gold Rate per Gram valuation at Muthoot Gold Point

The gold rate per gram valuation at Muthoot Gold Point is done after extensive cleaning and weighing of your gold. All such processes are carried out before you with complete transparency. Once the gold is cleaned and weighed, it is valued according to the prevailing gold rate. For an indicative idea, you can view the gold price calculator and check the value of your gold according to its known weight.

Formula for Gold Price per Gram Calculator

There are three factors that determine the price of gold:
  1. The purity of the gold – 14K, 18K, 22K, 24K, etc
  2. The weight of the gold – Accurate weight after cleaning the gold item
  3. Gold Rate in the city of the customer

The calculator multiplies the weight of the gold in grams to the prevailing gold rate per gram. The gold rate per gram varies according to the purity chosen by the customer.

How To Calculate The Gold Price Per Gram?

Using the Gold Price Calculator is extremely easy. Follow the steps below:

  • Choose the purity level of the gold (14k, 18k, 22k, 24k)
  • Check whether it is with stone or without stone
  • Enter the accurate weight of the gold in the box
  • Press ‘Calculate’

The gold price calculator will show you results based on your inputs instantly. Please note that the value calculated by the calculator is approximate. The actual value will be decided by Muthoot Gold Point based on the accurate weight and the prevailing gold rate.

Benefits of using Gold Rate Calculator

The online gold price calculator gives you the power to sell your gold without any meddling of your local jeweller. Whether it is selling for an investment or to fuel any urgent cash requirement, you can estimate how much your gold is worth from the comfort of your home. Here are its benefits:

  • Accurate results
  • Available 24x7
  • Free of Cost
  • Unlimited usage
  • Safe and secure

How To Sell My Old Gold Jewelry at Muthoot Gold Point?

Muthoot Gold Point offers a convenient and transparent platform for its customers to sell their gold for instant cash. Selling gold jewellery with Muthoot Gold Point involves the following steps:

Step 1: Customers visit their nearest Muthoot Gold Point branch and get their gold evaluated.

Step 2: The gold jewellery is cleaned thoroughly with ultrasonic machines to remove any dirt. This process is done in front of the customer.

Step 3: The value, weight and purity of gold are checked on XRF machines before the customer.

Step 4: Based on the value, weight and purity of the gold, it is evaluated as per the current market rate of gold.

Step 5: If the customer is satisfied with the evaluation, they can hand over the gold to the representative. Muthoot Gold Point offers instant cash up to Rs 10000. If the amount is above Rs 10,000, the amount is transferred to the customer’s bank account.

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

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

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


1. Why Should I Use a Gold Price Calculator?

With Muthoot Gold Point’s gold price calculator, you can estimate the value of your gold from the comfort of your home. Get accurate results and understand the worth of your gold instantly. The calculator populates instant results which help you make an informed decision about selling your precious gold.

2. How Do You Calculate 916 Gold?

The value of 916 gold is calculated according to the weight of the gold and the prevailing gold price per gram of 916 gold. Use the calculator to find out an estimate.

3. How Do You Calculate the Price of 22k or 24k Karat Gold Price?

The value of 22k or 24k is calculated according to the weight of the gold and the prevailing gold price per gram of 22k or 24k gold. Use the calculator to find out an estimate.

4. Why is Gold a Good Investment Bet in India?

Gold is a historically preferred investment option in India. It is easy to invest and liquidate. Gold owners can easily walk up to a gold trader and exchange it for cash without any hassles. It has strong sustenance against inflation and is a great investment option for wealth creation.

5. How to Get the Purity of Gold Checked Before Selling at Muthoot Gold Point?

Checking the purity of gold at Muthoot Gold Point follows a scientific method. First, the gold is cleaned with ultrasonic machines to get the accurate weight. Unlike traditional jewellers, we take up to three decimal points on the weighing scale to ensure customers get the maximum value for their gold.

6. How can I Sell My Old Gold Jewelry?

The best way to sell old gold jewellery is through Muthoot Gold Point as we offer the best rate for gold in the market. We follow a scientifically tested methodology that involves cleaning, evaluating and weighing the gold with technologically advanced tools. The entire process is transparent and seamless for the convenience of customers. Instant valuation allows you to take cash up to Rs 10000 immediately, while amounts higher than that are instantly transferred to the customer’s bank account via NEFT/IMPS/RT.

7. Do I Need to Submit Any Document to Sell Gold to Muthoot Gold Point?

Yes, you are required to furnish your government-issued ID proof to sell gold at Muthoot Gold Point.

Write to us

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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
    • Kolkata
    • Madurai
    • Mumbai
    • Noida
    • Trichy
    • Vijayawada

    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