You don’t need to pay the full price upfront when buying gold anymore. With so many financing options available, you can now buy gold on EMI and spread your purchase cost into smaller monthly instalments.

While this facility has made gold purchases more accessible, EMI availability can vary by seller, gold type, eligibility, payment options, repayment tenure and several other factors. However, it should not be confused with gold loans, where you borrow money by keeping your gold as security.

When measuring gemstones and gold, ratti is a traditional unit of measurement in India. It has been used for centuries, but with global standards becoming more common, grams and carats have become more popular.

However, you may still come across people who use this traditional measurement to evaluate gold loans, or even when buying or selling gold. Knowing the difference between these units and how to convert ratti to grams can help you understand the true weight and value of what you are buying.

Yes, you can obtain a gold loan without income proof because a gold loan is a secured loan.

However, this doesn’t always guarantee loan approval. You would still need to meet the lender’s gold loan eligibility criteria, complete the verification processes and comply with applicable policies.

So if you are seeking a gold loan but cannot present proof of income, here is everything you need to know about the process.

Digital gold has changed how we buy, sell and store gold. It is no longer limited to visiting a jeweller. You can now also buy gold online, in small amounts, without worrying about where to store it.

Digital gold has allowed more people to invest in this precious metal for different purposes. But what is digital gold, and how can you use it best? Let’s find out.

Here are the details.

A common question when buying, selling or pledging gold is how to check gold purity. Even if it looks genuine, the appearance cannot tell you much about its purity. A gold item’s purity determines how much actual gold it contains. It also affects its value, resale price and gold loan eligibility.

So whether you are buying gold coins or jewellery, a gold purity test ensures you always get your money’s worth. Here is everything you need to know.

When you take a gold loan, you pay interest on the amount you borrow. The interest you pay depends on the loan amount, the gold loan interest rate, and the loan tenure. Your repayment method can also affect how the interest is calculated.

Knowing how to calculate gold loan interest can help you estimate how much you will need to repay. You can use a simple formula to calculate the interest for a basic simple-interest loan.

The gold market has seen huge surges and dips in the last few years. Currently, it hovers around ₹1.5 lakh for 10 grams of 24K gold.

But amid these fluctuations, an important question is: How is the gold price determined in India?

There is no single authority who decides the gold rate in India. Domestic and international pricing mechanisms, along with several other factors, influence its price every day. Understanding these mechanisms can help you understand changes in gold prices and make more informed decisions when buying, selling or pledging your gold.