Gold Loan Online

In India, gold is more than just a precious metal for jewellery. It is also an option for investment. People also buy gold on festivals like Akshaya Tritya and Dhanteras in the form of coins, biscuits, and bars. A gold coin is the most affordable form of gold investment, and most people go for it. But when you are planning to buy gold, specifically a gold coin, there are certain things to pay attention to, lest you make a mistake. Here they are: 1. Purity The quality of gold is measured in two ways: purity and fineness. The purity of the gold is measured in karats. 24 karat gold considered the purest form of gold because it implies 24 out of 24 parts of the coin is gold. Gold that’s 22 karat gold is 22 parts gold with 2 parts other metals like silver or zinc mixed in to increase its durability while making jewellery. 24 karat gold is the most expensive. 2. Hallmark To ensure that the gold you’re buying is as pure as claimed by the jeweller, the Government of India has set up the Bureau...

It is often recommended that if you are in urgent need of cash, the best way to get it is by availing of a gold loan. A surprisingly high number of people opt for it. This begs the question: What is it about gold loans that make it a preferred choice of quick cash for so many? Let’s understand briefly about these reasons and how you can benefit from a gold loan: 1. Easy Access One of the key reasons a gold loan is a popular and preferred choice is its easy accessibility. It takes, at most, 30 minutes to avail a loan against your gold. Several banks and Non-Banking Financial Companies (NBFCs) have various gold loan schemes that can be availed. If you want a loan against your gold, you will easily find a reliable gold loan provider for this service. 2. The Price of Gold is Always Increasing Gold holds a special place in Indian families. It is as much bought as jewellery as it is for investment. In most cases, jewellery is an investment. The longer you hold on to your gold, the more its ...