The question is vague, but we assume this is a loan secured by actual gold. Loans are made against the precious metal by certain banks when they know where the gold is and can convert it to cash if the loan is not repaid as agreed. Different lenders will have different policies on what amount they will lend based on the current or historic price per ounce.
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The question is vague, but we assume this is a loan secured by actual gold. Loans are made against the precious metal by certain banks when they know where the gold is and can convert it to cash if the loan is not repaid as agreed. Different lenders will have different policies on what amount they will lend based on the current or historic price per ounce.