19/3/2026, 9:55:02 pm

People are using gold as collateral for loans instead of selling it

Gold loans are gaining traction as a quick and cost-effective way to access funds, especially for short-term needs. Lenders offer loans within a few hours and lower interest rates compared to unsecured loans. Borrowers can pledge their gold jewelry as collateral, keeping ownership of the asset and flexible repayment options.