Gold rates: People queue up for gold loans as yellow metal prices touch a new high of Rs 61,000; NBFCs turn cautious
As gold prices touched a new high of Rs 61,000 per 10 gm, people are queuing up for gold loans. But the gold loan NBFCs are taking a cautious approach to minimise the risk of loans being taken into auction to a bare minimum, if there is a sudden decline in gold prices from higher … Read more