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Gold prices fall 23% from peak: How vulnerable are gold lenders and borrowers in current situation?

Source: Business Today

Gold prices may have fallen, but the loans people took against their jewellery have not fallen with them. That gap could become a problem for lenders if prices keep dropping, especially for loans taken when gold was near its peak.

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This digest is published with acknowledgment to Business Today. For the complete analysis, headnotes, and citations, please refer to the source.

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