How Gold Loan Valuation Works? From Carats to Loan Amount

Gold has been a trusted store of value for centuries. In today's financial landscape, it remains a reliable asset, especially when you need access to quick funds. One of the most accessible ways to use gold for credit is through a Gold Loan. But before you can borrow against your jewellery or gold coins, it’s crucial to understand how gold valuation works. It involves determining its purity in carats and calculating how much loan you can borrow.

Construction Crisis in Mangaluru: Soaring Material Costs Stifle Building Dreams

Mangaluru, Oct 15: The construction sector in Dakshina Kannada is reeling from a severe crisis as new government regulations and slow licensing for laterite quarrying have caused a massive surge in material costs. The price of laterite stone has nearly doubled, pushing the total construction cost of a budget home up by a staggering 33%, and making it significantly harder for the common man to afford a house.

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