For the purpose of determining the loan amount, lenders will assess the value of the gold you pledge, primarily its purity ...
RBI has made it clear that banks cannot impose excessive charges, particularly on smaller loan amounts under the priority ...
However, despite the fact that gold can be a good long-term investment, it does have some limitations ... Use your gold as a collateral on a loan. Since your gold acts to secure the loan, you ...
Regarding technical levels, at the time of writing Gold stabilizes just above the intraday Pivot Point at $3,023. Looking up, ...
Which rules can be made strict? Loan-to-Value (LTV) Ratio: Currently, banks are allowed to lend up to a maximum of 75% of the ...
Artemis Gold rated Buy on rising gold prices, Blackwater mine start-up, and strong growth. Click here to find out why ARGTF ...
This happens because when a drop in gold prices increases the LTV ratio, potentially exceeding the allowed limit. To restore balance, lenders may request additional payment or collateral. That said, ...
While many lawmakers and lobbyists crawled into the Georgia State Capitol on Monday after the double-whammy of Crossover Day and the return ...
Warning signs have been flashing and markets have been sliding amid policy uncertainties and some troubling macroeconomic ...
The RBI has periodically intervened to regulate the gold loan market, particularly regarding LTV limits. In the past, excessive lending against gold has led to concerns about speculative borrowing and ...