Gold Buyers in Maharashtra

Gold symbolizes status, power, and wealth, and India's love for it is unmatched. Whether it is an auspicious occasion like a wedding or a festival, buying gold has always been seen as a long-term investment. It makes buying and selling gold a frequent activity for individuals. Therefore, all you need is a trusted entity.

Muthoot Gold Point is that Safe & Most Trusted entity with high professional standards, where selling gold is 100% scientific and transparent process. GoldPoint makes you a part of the ultrasonic cleaning and melting process to build trust and transparency. Our executives will complete the process right in front of you and provide insights. This way, your old gold will be valued in real-time at market rates, and you will get instant cash for Gold in Maharashtra.

Sell Your Gold in Maharashtra For Instant Cash at Muthoot GoldPoint

Muthoot GoldPoint provides instant cash for Gold in Maharashtra to assist consumers. You can take cash of up to Rs. 10,000. The funds for gold valued at higher than Rs. 10,000 will be credited to your account via IMPS, NEFT, and RTGS for convenient transactions.

Here is the process to get instant and high value for your old gold

• Visit the Muthoot GoldPoint branch in Maharashtra and give your gold to executives for scientific evaluation.
• Your old gold is cleaned with ultrasonic machines to remove dirt from the same. This process is done in your presence, including weighing and purity check of the gold in XRF Machines.
• Receive an Instant Payment for your gold of up to Rs. 10,000, and for above Rs.10,000, provide your account details and get the amount instantly in the desired account.

What Are Some Interesting Facts about Gold in Maharashtra?

• India’s first gold refinery was set up in 1984 in Shirpur, Maharashtra. Later the company was incorporated as a Public Limited Company under the banner of Skipper Mercantile Limited.
• As of the year 2000, the company’s Global Trust Bank Ltd. holds Rs. 40 Lakh equity shares of the company.
• Vedanta Ltd. expands its gold mines to Maharashtra with up to three mining blocks in Chandrapura, Maharashtra.
• Nagpur might not be the capital of Maharashtra, but the gold held by the Reserve Bank of India (RBI) is in its branch office in Nagpur.
• At the Nagpur depository, the International Monetary Fund (IMF) has never stored more than 200 tonnes of gold. There were 144.4 tonnes of IMF gold stored in Nagpur at one time.

What is the Purity Checking Process of GoldPoint in Maharashtra, and what factors affect gold price?

• Gold purity is measured in Karat. 24 Karat is the purest form of gold, and the most widely used form of gold is 22 Karat. It comprises 22/24 portions of gold and two portions of other metals, like silver and zinc, that strengthen the gold jewellery.
• Other options are 18 Karat and 14 Karat. The lower the Karat, the lower the gold purity or fineness. Most individuals prefer pure forms with higher Karats to ensure better value at the selling time. Individuals should look for the BIS Hallmark engraved on gold valuables, especially when treating it as an investment.
• Muthoot GoldPoint follows a completely different process for purity checks than local jewellers in the unorganised sectors. It helps to know the purity with the highest gold accuracy.

What are the Documents Required for Selling Gold in Maharashtra

Many times the absence of an invoice is an issue to sell your old gold. But it is not an issue with Muthoot GoldPoint. It accepts gold from consumers without an invoice also. We understand that you may have to sell the old gold items you received as your cultural heritage in the family, or you may have gold valuable from a jeweller nearby who did not provide you with a purchase invoice. When you choose Muthoot GoldPoint, you don't need to worry. You can sell your old gold by carrying the basic documents, such as:

• ID Proof: It is required to authenticate your citizenship in India. You can bring your PAN Card/Driving licence/Passport/Voter ID/Aadhaar Card for ID proof.
• Address Proof: Your Driving Licence, Passport is the address proof in India. Carry any of these while visiting the Muthoot GoldPoint Branch.

Why Should You Choose Muthoot GoldPoint to Sell Gold in Maharashtra?

1. Best Gold Rate

Muthoot GoldPoint can provide the best gold rate with scientific evaluation. Your old gold gets processed for value, weight, and purity through advanced testing methods using XRF machines that enable you to get a high price based on the current market prices. Local jewellers consider the lowest gold rate of that particular day which can reduce your old gold price. Muthoot GoldPoint maximises your old Gold’s price.

2. Greater Transparency

You can witness every step of your gold cleaning, the purity check, and weight. It brings transparency to the process.

3. Vision

Muthoot GoldPoint is working with the vision of the Government of India for the Indian gold industry. It is the first national venture in the organised sector to get into recycling gold. It works transparently and efficiently with accountability to customers to provide an unparalleled experience of selling old gold.

What are the things to consider before Selling Gold in Maharashtra?

You may have gold jewellery that you need to sell to meet your financial requirements at a point in time. However, to get a fair gold selling price, you must be aware of the following crucial aspects.

1. Consider the best time to sell your old Gold

Consumers look at the current market price and the state of the economy while buying gold. It is applicable while selling your gold also. For instance, you can sell your gold when the demand for gold rises as it increases gold price also. When it is not urgent, it would be wise to wait for selling gold at a higher value. Also, the gold price generally increases during festivals and the wedding seasons. These are the opportunities to get good cash for Gold in Maharashtra.

2. Approach a trustworthy and reputable Gold buyer

It is imperative to deal with trustworthy and reputable gold buyers to sell your gold. An individual should ensure that you choose a certified gold buyer. You can ask for the credentials or documents from the buyer to confirm their legitimacy. When dealing with gold buyers, you can check consumers' reviews to get insights into their reputation.