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 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.

An increasingly popular method to achieve this is through the strategic use of balance transfers. This approach can significantly decrease the Gold Loan Equated Monthly Installments (EMIs) and expedite the loan repayment.

In India, gold loans are a common practice where lenders evaluate the value of the gold and offer a loan based on a percentage of its appraised worth. Both banking and non-banking institutions offer these loans.

Gold ownership or investment is common among Indian households. However, many prefer not to keep it at home to mitigate the theft risk due to its significant value. Home security measures may not be sufficient for safeguarding physical gold, making utilizing bank lockers prudent.

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.

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.

Navigating repaying your gold loan might seem overwhelming initially, but fear not – there's a clever solution on the horizon. You can seamlessly handle your payments by using your trusty credit card.

Gold Loan with EMI option is a loan offered against gold assets. It is usually taken out for short-term financial needs such as paying off medical bills, funding travel expenses, making wedding preparations, etc.

Kerala is the state with the highest per capita expenditure on gold, in India. According to National Sample Survey Data of 2021, per person expenditure on gold in Kerala Rs 208.55 per month in rural areas and Rs 189.95 per month in urban areas.

A credit score simply reflects your loan repayment history and your track record of timely credit payments. Your credit score is favourably impacted by on-time payments, however it can be negatively impacted if you make such payments carelessly.

Bullion coins are usually crafted from 24-karat (99.9%) pure gold, while collectible coins can be composed of varying gold content. Bullion coins are often minted by governmental entities, such as the American Eagle Gold coin, whereas various companies can produce collectible coins.