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MMTC-PAMP Launches Exciting Buy-Back and Exchange Offer for Gold

Rashtra Times by Rashtra Times
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  • Delivering the best value for your gold jewellery, bars, or coins, MMTC-PAMP’s Purity Verification Centre uses industry-best technology in 60-minute transparent valuation process
  • No hidden charges

Ahmedabad, October 2020: As countless countries around the world struggle amid pandemic-induced economic downturns, many individuals, families, and jewellers are faced with the inevitable: selling gold jewelry, bars, or coins as an imperative means of financial relief.In line with its commitment to give customers the best value, MMTC-PAMP, India’s first and only London Bullion Market Association (LBMA) Good Delivery refinery accredited for Gold and Silver today launched an exciting buy-back and exchange offer for Gold.

A primary attribute of high karatage gold is that its value may be exchanged for direct bank transfer. However, individuals or jewellers looking to sell gold items rarely receive true valuation for the pure gold content. Much of that has to do with outdated and the imprecise valuation method used – the acid test, which can only approximate the pure gold content, resulting in disappointing offers of lower than expected prices.

“These are indeed challenging times worldwide, and the significant uptick in jewellers and consumers selling gold assets to offset hardships is expected to continue for some time. The advanced technology of our Purity Verification Centre is the global standard that ensures maximum buy-back or exchange value, thereby providing accurate, transparent and trustworthy value for your gold. Sellers can receive the maximum value of their gold as a Direct Bank Transfer or as a 9999/ 999 / 995 pure gold bar.” said Vikas Singh, Managing Director and Chief Executive Officer, MMTC-PAMP

A Transparent 60 Minute Valuation Process

Only X-ray fluorescence technology (XRF), the gold refining industry’s international standard, can precisely determine pure metal content. Expertly staffed MMTC – PAMP centers provide the customer with all necessary information required to understand the verification determinants with on-site XRF-machines and can process weights from 10-grams to 2-kilograms per visit. The procedure takes place within 60 minutes and is fully transparent: sellers can view the entire valuation process in real-time via CCTV monitors.

The gold jewellery is authenticated and weighed, and upon agreement, melted and cast to form a bar. Once cooled, rinsed, and air-dried, the bar undergoes5 points of XRF testing, and a software-generated report displays the exact proportions of metal in the bar and its true metal value. Sellers receive the maximum value of their gold as a Direct Bank Transfer or as a 9999/ 999 / 995 pure gold bar. The Ahmedabadcenter is located at National Plaza ,Unit No.-114 Opp-Lal Bungalow,Nr Sasuji Dinning Halls C.G Road, Navrangpura Ahmedabad -380009

Conditions Apply: Pricing is updated daily based on international live price of gold + applicable taxes |Minimum quantity of gold to be tested is 10gm | A Rs. 1000 fee is charged if the exchange process is not completed for the service of evaluation of Gold| Pan card, Aadhar card and cancelled cheque is mandatory for all transactions.

MMTC-PAMP: Our Credentials Matter… because Trust is Precious

Established in 2008 as a joint venture between MMTC Ltd, a Government of India Undertaking, and PAMP S.A. of Switzerland*, the world’s most accredited refiner and fabricator of precious metals, MMTC-PAMP is India’s first and only gold and silver refinery accredited by the London Bullion Market Association (LBMA), the industry’s foremost regulatory body worldwide. Built from the ground up under the direct supervision of PAMP technicians and engineers, MMTC-PAMP is today the world’s most advanced precious metals processing facility.

In its diverse portfolio, MMTC-PAMP has the best quality and highest purity products such as Gold & Silver cast bars, coins, along with giftable items like engraved coins (both Gold & Silver) for new-born babies, imprinted deity images for religious purposes, and more. With industry-leading purity standards of 999.9, MMTC-PAMP products are of the highest quality that have become the de-facto benchmark in the Indian market.

For more information, please use the following link: https://www.mmtcpamp.com/products-services/gold-buyback

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