Indians not selling old gold, but raising loan against it :- Economic uncertainty unleashed by the Covid-19 pandemic is still not persuading India’s gold hoarding lot to sell their household gold even in the midst of a surge in the price of the yellow metal, said gold traders in india. Instead, most are going to gold loan companies to pledge their gold jewellery as the interest they pay against the loan is lesser than the loss in making charges they will have to bear if they sell it. Gold loans attract an interest of 11.9% to 16% depending on the tenure of the loan. Whereas making charge for jewellery varies between 20%-25% in showrooms, compared to Brilliant Cut which charges in the range of 8 to 13%. So, if u want to avoid an extra burden of interest on your loan apart from paying heavy wastage in showrooms; visit brilliant Cut in Chennai not only to wear flawlessly finished Antique, Ethnic, Bridal, Nagas, Kundan & Temple Jewellery; consisting of Necklaces, Earrings, Bangles, Rings, Chains, Pendants, Oddiyanams, Bracelets, Vankis, Jhimkis, Mugappus, etc. But also, to enjoy profits on the bullish trend of gold.