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.

The RBI's recent decision to relax the loan-to-value ratio for gold loans is a strategically balanced move aimed at bolstering economic growth while safeguarding the financial sector's interests. This measure is expected to positively impact the economy by enhancing credit accessibility and promoting efficient utilization of gold assets.

Investing in gold has long been considered a prudent financial move. This precious metal has maintained its allure throughout history, offering investors a haven during economic uncertainty. Whether you're a seasoned investor or just starting, understanding the ins and outs of investing in gold can help you make informed decisions.

It is important that you have a clear idea about the factors that determine the interest rate that you pay on your personal loan, gold loan or business loan. The first of these factors is the prevailing benchmark interest rate.

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.

In accordance with the RBI circular on gold loan LTV, the RBI has eased the lending norms for gold loans by increasing the permitted maximum Loan-to-Value ratio from 75% to 90%.

A gold loan will always be among the most popular methods of borrowing because of its quick loan approval, few paperwork requirements, flexible repayment choices, and other advantages. Before selecting a loan type, borrowers should examine interest rates and duration alternatives using a gold loan repayment calculator.

Digital gold has been in the news in the last few months, perhaps, for all the wrong reasons. Back in August, SEBI first sounded out the stock exchanges about the inherent risk of digital gold as a product. But more importantly, SEBI was worried that the members of the stock exchange were selling digital gold on their platforms.

A gold loan can be used for a variety of things, including sudden financial needs like a wedding, a medical emergency, or a long-awaited family vacation.

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 gold loan is a financial product where you pledge your gold ornaments, coins, or bars as collateral to obtain a loan from a financial institution. The loan's value is determined by the gold you pledge. This makes it an attractive option for individuals who possess gold assets but need immediate funds.