Gold price in India has risen to around ₹70,000 for 10 grams, approaching historic highs across major cities.
The surge is driven by aggressive central bank purchases, rupee depreciation, inflation, and geopolitical safe‑haven demand.
Rising gold values boost collateral for gold loans, offering borrowers higher loan amounts with quick processing, especially via NBFCs like Muthoot Finance.
Prospective borrowers are advised to compare loan interest slabs, verify valuation methods, and choose reputable lenders to mitigate risks.