If you need a loan and have some amount of gold with you, then it’s time to discard the personal loan route and opt for gold loans. Though, many of us have emotions tangled with our gold jewelry and thus, we prefer to keep them safely in lockers. Although, this perception is changing now and many of us are using this gold to raise short-term loans that have low interest rates as compared to that of personal loans. Hence, here are the 4 reasons why gold is better than personal loans in order to meet your short-term financial needs: