Loans against gold have recently found favour among Indian consumers, especially smaller businesses that faced a tremendous economic slump in 2020. Collateralising household gold items is the simplest way to acquire capital for many such enterprises and at a personal level. As per RBI reports, by the end of FY2021, the total outstanding gold loan value amounted to around Rs. 60,500 crore. This figure represented year-on-year growth of almost 82%. Nevertheless, blindly opting for such…"Never Commit These 7 Mistakes While Availing Gold Loan"