https://www.taxtmi.com/news?id=73524 Rising gold prices increase the borrowing capacity available against pledged gold because gold loan amounts are calculated on the basis of the weight and purity of the ornament and the gold rate applied on the assessment date. The higher rate environment therefore allows the same jewellery or coins to support a larger loan amount without any change in the underlying eligibility criteria. Gold loan eligibility requires the applicant to be an Indian citizen aged between 21 and 80 years and to submit one KYC document. Accepted security includes gold jewellery or ornaments of 18 karat to 22 karat purity, and gold coins up to 24 karat. en-us Thu, 25 Jun 2026 12:16:02 +0530 Thu, 25 Jun 2026 12:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73524 Rising gold prices increase the borrowing capacity available against pledged gold because gold loan amounts are calculated on the basis of the weight and purity of the ornament and the gold rate applied on the assessment date. The higher rate environment therefore allows the same jewellery or coins to support a larger loan amount without any change in the underlying eligibility criteria. Gold loan eligibility requires the applicant to be an Indian citizen aged between 21 and 80 years and to submit one KYC document. Accepted security includes gold jewellery or ornaments of 18 karat to 22 karat purity, and gold coins up to 24 karat. News - Thu, 25 Jun 2026 12:16:02 +0530 https://www.taxtmi.com/news?id=73524