Loan against gold jewellery surged more than 100% in one year

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‘The value of bank loans against gold jewellery increased from ₹1,16,777 crore in May 2024 to ₹2,51,369 crore in May 2025 as per the data published by the RBI,’ Minister of State in the Finance Ministry, Pankaj Chaudhary said in a written reply