Social Sciences, asked by aziz2, 1 year ago

defination about gold loan

Answers

Answered by nikita651
1
a form of debt financing whereby a potential gold producer  borrows gold from a lending institution,sells the gold on the open market uses the case for mine development then pays back the gold from actual mine production.
Answered by Mahek1246
0
A form of debt financing where the money is taken as loan instead go gold and when the person repays the loan the gold will be returned.
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