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The Economic Times

Economy / The Economic Times

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No cultural taboo: The rich go for gold loan as metal soars

India's gold loan sector is evolving rapidly and redefining the way wealth is perceived and leveraged. Historically seen as a specialty service, it is now a popular financing option for the well-to-do. The prevalence of loans over 5 lakh is a clear indicator of this cultural evolution. This phenomenon is largely propelled by soaring gold prices and progressive government policies.

2 Mar 2026 11:44 pm