Gold Rate and Loan Rate Today – A Complete Update

Gold has always been one of the most trusted investment options in India and across the globe. At the same time, gold loans have become a convenient way for individuals to access quick funds while leveraging their gold holdings. Let’s take a look at today’s gold rate and gold loan rates, and understand how they can impact you.

Today’s Gold Rate 28 August 2025

Gold prices fluctuate daily based on international trends, currency exchange rates, inflation, and demand-supply dynamics.

  • 24 Carat Gold Rate (per grams): 9119.34
  • 24 Carat Gold Loan Rate (per grams): 7466.62

Note: The above rates vary from city to city and NBFCs. Always check with your local jeweller or bank before making a purchase.

Today’s Gold Loan Interest Rates

Gold loans are one of the fastest-growing financial products in India. They are offered by banks and NBFCs against pledged gold ornaments, usually with minimal documentation.

  • Average Gold Loan Interest Rate: 7% – 15% per annum
  • Loan Tenure: 3 months to 36 months (varies by lender)
  • Loan-to-Value (LTV): Up to 75% of the gold’s market value, as per RBI guidelines

Key Highlights:

  1. Instant Approval & Disbursal – Funds often credited within hours.
  2. No Income Proof Needed – Your gold itself is the collateral.
  3. Flexible Repayment – Options include EMI, bullet repayment, or overdraft.

Factors Affecting Gold & Loan Rates

  1. Global Market Trends – International gold demand & dollar value.
  2. RBI Policies – Regulations on LTV ratio for gold loans.
  3. Inflation & Currency Value – Gold prices often rise during inflationary periods.
  4. Festive & Seasonal Demand – Festivals and weddings in India push gold prices up.

Conclusion

Gold continues to remain a safe-haven investment and a reliable source for emergency financing through gold loans. Keeping track of today’s gold rate and gold loan interest rate helps you make informed decisions, whether you’re buying, investing, or borrowing against gold.

Pro Tip: Compare loan offers from multiple banks and NBFCs to get the lowest interest rate and best repayment terms.