New Delhi, Feb. 24 -- When you need funds for sudden exigencies, a gold loan can provide quick access to money. You can also avail of relatively lower interest rates by pledging gold with a bank. Despite the recent downtrend in prices, gold remains a preferred asset due to its high liquidity.

While loan-to-value (LTV) is the most important metric in a gold loan - as it directly determines how much you can borrow - there are several other rules you must know before pledging the yellow metal. For instance, loans are not available against gold bars, gold biscuits or gold ETFs (exchange-traded funds). Here is a primer on key gold loan rules beyond LTV.

You can raise money by pledging gold jewellery and gold coins. However, loans are not per...