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:- The purity of the gold – 14K, 18K, 22K, 24K, etc
- The weight of the gold – Accurate weight after cleaning the gold item
- 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.
