Gold loans offer a quick financial solution in India, leveraging jewelry for immediate cash without requiring credit history or income proof. Loan eligibility and value are primarily determined by the daily gold rate, purity, and weight of the gold, with lenders offering up to 90% of the gold's value. Factors like market volatility can influence the amount available, making timely pledging potentially more lucrative. Online calculators can assist in estimating loan amounts and EMIs.