List of Gold Loan Articles

Gold Jewellery making charges are fees jewelers impose for the labor and skill of crafting gold jewelry. That means when you buy a piece of gold jewelry, you're not just paying for the raw Gold but also for the craftsmanship that goes into creating the final product.

Gold prices are different in every city. Well, there are few reasons as to why there is a price change. Ideally, the rate of gold is determined by the international gold rates on that day. Then logically, the gold rates should be the same everywhere but that doesn't exactly happen as there are certain variables added to that equation.

Gold has been considered a very precious metal not just for its financial value but also for its cultural and symbolic significance. Moreover, if you talk about India, buying gold is related to prosperity, wealth, as well as good fortune.

A gold loan refers to a kind of secured loan where businesses or individuals pledge the gold ornaments they possess, which may be in form of coins or jewellery as collateral to avail funds from a Non-banking financial company or any financial institution.

Depending on the lender, anyone who satisfies the prerequisites outlined below can apply for a gold loan. A few simple documents must be submitted in order to finish the application procedure.

A gold loan for education emerges as a powerful tool that unlocks a world of opportunities. From financial flexibility and competitive interest rates to convenience and security, such a loan's benefits extend far beyond immediate financial support. By tapping into your gold assets, you can pave the way for a seamless educational journey without financial worries.

The prosperity and luck associated with the gold make it extremely popular among Indian investors. Apart from gold jewellery, Indians are also quite inclined toward hoarding gold coins. But is investing in gold coins a prudent choice? Scroll through this article to explore the different benefits of hoarding gold coins.

The key objective of the GMS or Gold Monetisation Scheme is to mobilize gold owned by institutions and households in the country to put gold into productive use. Reducing the country's reliance on gold imports reduces the recent account deficit to suit the nation's domestic demand.

GST on gold jewellery in India is the rate fixed by the government for the sale of gold jewellery, coins, and bars. It applies to all purchases made from a registered seller who has a GSTIN (Goods and Services Tax Identification Number).

Someone who invests in gold ETFs does not own gold physically. But they hold the cash that’s equal to the gold price. If the investor plans to sell the gold ETFs, they do not get physical gold. However, they receive cash that’s equivalent to the gold price.

Gold loans are a kind of secured loan where individuals can borrow money from a financial institution by leveraging their gold ornament as collateral. During an emergency, gold loans offer the best way to meet immediate financial requirements, especially for the convenience and ease that it provides.

One of the most accessible and commonly owned gold assets is jewelry. Many households possess gold necklaces, rings, bracelets, and other adornments with considerable value. While sentimental attachment can make it difficult to part with jewelry, pledging it as collateral for a loan can be a viable option.

A gold loan offers a viable and efficient solution to leverage your valuable gold assets to secure the funds needed for your business venture. With its quick approval process, lenient credit requirements, and competitive interest rates, a gold loan can be the stepping stone to building the successful business you've always envisioned.