Saturday, 23 May 2026
MCX-linked rates · Verified XRF purity · Branches across Karnataka
24K Gold
999 Fine
₹15,000
per gram
22K Gold
916 Hallmark
₹13,800
per gram
Updated every 5 minutes from MCX
MCX Spot (24K / 10g)
₹1,50,000
MK Gold Buying Rate
₹1,46,250
Historical Trend
Per 10 grams · INR · Source: MCX India · Illustrative historical trend
Approximate historical values for illustrative purposes. Past rates do not guarantee future prices.
Enter weight and purity to see your estimated payout at today's live MCX rate.
Get Your Gold Value
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Transparency
MK Gold's buying rate is linked directly to the live MCX spot price — the same rate displayed on commodity exchanges across India. We do not use a proprietary or arbitrary “market rate”. Every calculation is transparent and verifiable.
The formula
Weight (g) × Purity% × MCX Rate ÷ 10 × 97.5%
= Your Payment in INR
Live example — 10g of 22K gold at today's rate
Comparison
| Feature | MK Gold | Bank Gold Loan | Local Jeweller |
|---|---|---|---|
| Rate offered | 97.5% of MCX spot — shown openly beside MCX rate | MCX minus 10–25% (gold loan, not a purchase) | MCX minus 15% or lower |
| Purity test method | XRF spectrometer (Bruker S1 Titan) — certified, non-destructive | Hallmark or acid test — less accurate | Acid test or visual estimate |
| Payment time | 45 minutes from walk-in | 3–7 working days after loan foreclosure | Immediate (lower rate) |
| Documentation needed | One photo ID only | Loan docs, foreclosure forms, NOC | None (no receipt given to you) |
| Transparency | MCX rate shown beside our buying rate — always | Rate not disclosed upfront | Rate not disclosed |
FAQ
MCX (Multi Commodity Exchange of India) is the regulated exchange where gold is traded in futures contracts. The MCX gold rate is the benchmark price in Indian Rupees per 10 grams for 24K (999 purity) gold. It updates continuously during market hours (9:00 AM to 11:30 PM on trading days) and is the most trusted reference point for gold pricing in India.
Our rate is refreshed automatically every 5 minutes from the live MCX feed. The rate shown on this page is never more than 5 minutes old. At our branches, the buying rate is updated throughout the day in line with MCX movement — so the rate you see online closely matches what you will receive when you walk in.
Yes. The base MCX rate is always for 24K (pure) gold. For other purities, the rate is calculated by multiplying by the purity factor: 22K = 91.67%, 20K = 83.33%, 18K = 75.00%. Our Bruker XRF spectrometer tests the exact elemental purity of your gold — not the hallmark stamp — so you are always paid for what you actually have, not what is printed on the jewellery.
Gold rates are live and fluctuate during market hours. We are unable to lock a rate in advance. However, once you visit a branch and accept our offer, the agreed rate is binding and payment is made immediately. If the rate moves between the time you check online and when you arrive, the branch will quote based on the live MCX rate at that moment — both rates are shown to you openly.
Get Started Today
Get a certified XRF valuation at any MK Gold branch in Karnataka. No appointment needed. Payment in 30 minutes.
Branches across Bangalore, Mysore, Mangalore & Davangere · Open Mon–Sun, 10:00 AM – 8:00 PM