Bullion refiner MMTC-PAMP on Saturday launched a buy-back and exchange offer for gold in the national capital in a move to help the pandemic-affected people offset their economic hardships.
For a nominal transaction fee, sellers can receive the maximum value of gold as a direct bank transfer or in the form of a gold bar with 9999, 999 and 995 purity, the bullion refiner said.
Starting with its Lajpat Nagar centre in Delhi, this facility will be rolled out soon across the country, it added.
“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,” MMTC-PAMP Chief Executive Officer Managing Director Vikas Singh said in a statement.
He said that the purity verification centre has advanced technology to check the