List of Gold Loan Articles

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 fact that gold loans are secured, short-term loans, the interest rates are lower than those for personal loans. Gold is regarded as a crucial investment and loan instrument all over India. Banks offer gold as security for gold loans.

When purchasing different types of gold jewellery, you frequently encounter choices in terms of gold colours, karats, and plating options. What do these factors signify, and is there a significant distinction among the various types of gold?

Capital Gains Tax is a kind of tax typically levied on the gain or profit received from the disposal or sale of certain assets, commonly referred to as capital assets. This can include several types of investment, including bonds, stocks, real estate, as well as other valuable commodities like gold.

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 revered throughout history for its intrinsic value and enduring allure. Whether you have a passion for collecting, are an investor, or simply want to verify the authenticity of your gold coin, assessing its purity holds significant importance.

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.

A Gold Loan Management System (GLMS) is a specialized software solution designed for financial institutions and gold loan providers. It facilitates efficient management of gold-backed loans by automating various aspects of the lending process.

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.

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.

US Federal Reserve kept benchmark interest rate unchanged in its June monetary policy review meeting. This was the first time in 15 months that the US central bank did not increase its benchmark interest rate. Before this the Federal Reserve had increased benchmark interest rates 10 times consecutively.