FOLLOW US:

Today Gold Rate per Gram in Indore

The city of Indore is loved by its people. It is an educational hub and has branches of the premier engineering and management institutes of India. The city is economically prosperous and offers many manufacturing and trading avenues.

Indore has several options where a person can buy and sell gold for cash.

Gold Rate in Indore in last 12 months

Last 12 Months Highest Gold price (24 karat) Lowest Gold price (24 karat)
September 2022 Rs.5,239 Rs.5,187
July 2022 Rs.5,386 Rs.5,171
June2022 Rs.5,337 Rs.5,196
May 2022 Rs.5,328 Rs.5,190
April 2022 Rs.5,520 Rs.5,291
March 2022 Rs.5,525 Rs.5,295
February 2022 Rs.5,371 Rs.4,953
January 2022 Rs.5,039 Rs.4,896
December 2021 Rs.5,013 Rs.4,805
November 2021 Rs.5,103 Rs.4,895
October 2021 Rs.4,972 Rs.4,783
September 2021 Rs.4,884 Rs.4,726

Factors Affecting Gold Price Today in Indore

Today gold rate in Indore is affected by several factors. These factors can be domestic, like the government’s gold reserves, or international, such as the global movement in the price of gold. Here are the factors in detail:

  1. Inflation: During times of high inflation, the demand for gold increases. At such times, investors prefer to invest in gold over other options like stocks and currency. High demand results in a higher price of gold for the customers.
  2. Government gold reserves: The Reserve Bank of India holds currency and gold reserves. When RBI starts holding more gold in its reserve, the supply of gold decreases, and price increases in the market.
  3. Global movement: The price of importing gold changes with the change in the global price of gold. When gold imports become costlier, the price of gold in the consumer market also increases.
  4. Seasonal demand: The demand for gold increases in the retail market during festivals and the wedding season. Such intermittent rise in demand leads to a rise in gold prices.

How To Sell Gold For Cash in Indore

To get the best price on old gold in Indore, contact a reputed and genuine buyer like Muthoot Gold Point. The process to sell gold at Muthoot Gold Point is as follows:

  • Visit the nearest Muthoot Gold Point branch and give the gold items for valuation.
  • Experts at the branch clean the gold items using ultrasonic machines to rid them of all impurities.
  • Then they weigh and value the gold and find its purity. All this is done using advanced XRF machines.
  • The gold is melted using high-quality crucibles to ensure no residue gold is left behind after melting.
  • The entire process of cleaning, weighing, melting, and valuing the gold is done before the customer.
  • Muthoot Gold Point values the gold as per the current gold price in Indore.
  • The seller gets instant cash or fund transfer for his gold.

Visit Muthoot Gold Point today to get the best value on your old gold.

Browse Gold Rate in Other Locations: Gold Rate in Vijayawada, Gold Rate in Trichy, Gold Rate in Madhya Pradesh, Gold Rate in Bangalore, Gold Rate in Andhra Pradesh, Gold Rate in Coimbatore, Gold Rate in Vizag, Gold Rate in Ahmedabad

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


Write to us

    I authorize Muthoot Exim Pvt. Ltd. & other Muthoot Pappachan Group companies (including its Agents/representatives) to call/communicate with me on their product offerings/promotions through Telephone/Mobile/SMS/email ID.

    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