How Much Can You Pawn 1 Gram of Gold for? Here’s the Full Explanation!

Jakarta, Pintu News – Pawning 1 gram gold is often an option when you need quick funds without selling valuable assets. Pegadaian as the largest financing institution in Indonesia provides gold pawning services with a relatively easy and safe process.

The amount of loan funds that can be obtained is not necessarily the same as the market price of gold per gram because it is determined by the estimated value of gold, credit percentage, and applicable interest costs. This article fully explains the estimation of funds that can be obtained, the factors that determine the value of the loan, as well as the calculation simulation based on current valid data.

1 Gram Gold Pawn Loan Estimate

The loan amount you will receive when pawning 1 gram of gold at Pegadaian depends on the current gold price, the form of gold (bars or jewelry), the purity level, and the applicable credit percentage. According to the official simulation, the maximum estimated credit funds for pawning 1 gram gold jewelry can reach around Rp786,000 after taking into account capital rental and administration fees.

This loan is given after the gold is appraised by Pegadaian staff based on the current market value and physical condition of the gold. The loan value range is estimative and may vary from branch to branch depending on the daily gold price and internal policies.

In addition, other sources say that Pegadaian usually provides a loan percentage of around 85-95 percent of the market price of gold as a pawn credit value. For example, if the price of 1 gram of gold is in a certain range, the funds disbursed can range from Rp892,500 to Rp997,500 before considering other costs. This percentage can be lower for jewelry than gold bars because jewelry usually has a different resale value.

Read also: What is the 24 Karat Gold Code? A Complete Guide to Grades & Standards

Steps & Factors to Determine Loan Amount

The gold pawnshop process begins with the appraisal stage which includes measuring the weight, checking the grade, and assessing the condition of the gold. This appraisal value will then be multiplied by the applicable loan percentage to determine the maximum amount of funds that can be disbursed. Pegadaian sets this percentage based on the type of pawn product chosen and the market value of the gold at the time of submission.

Some important factors that affect the loan amount include:

• Thecurrent gold price, as Pegadaian follows the market price of gold per gram which is updated daily.
• Type of gold, where pure gold bars can provide a higher appraisal value than jewelry.
• Capital lease (interest) and administrationcosts that will reduce the net amount received.
• Pegadaian branch policies, as local factors sometimes affect the calculation of the appraisal value.

Interest Charges and Repayment Terms

When pawning 1 gram gold, in addition to receiving a loan, you must also pay attention to the capital rental fee (interest) charged during the loan period. At Pegadaian, gold loan interest is usually calculated every 15 days, with a standard rate of around 1.2 percent per 15 days if the loan value is more than Rp500,000. The amount of this fee will add to the total that must be repaid when the loan period is completed or extended.

Pegadaian provides flexibility in the loan term, generally up to 120 days (4 months) and can be extended according to customer needs. During this period, interest is calculated and added to the loan amount if it has not been repaid. Therefore, it is important to plan repayments on time to avoid greater additional costs.

Conclusion

Pawning 1 gram gold at Pegadaian can be a practical solution for obtaining cash, with loan estimates generally ranging from Rp786,000 to almost Rp1,000,000 depending on the daily gold price, type of gold, and the loan percentage given. The loan process follows the gold value estimation system, then adjusted with the applicable capital rental and administration fees. Knowing the details of the appraisal, loan percentage, and interest is key to accurately estimating the funds received and the obligations that must be repaid.

Gold-Based Crypto: When Physical Assets Meet Crypto Technology

As blockchain technology develops, gold can now be owned not only in physical form such as jewelry or bars, but also in digital form through gold-based crypto assets.

One of the most popular is Tether Gold (XAUt), a physical gold-backed ERC-20-based stablecoin, where 1 token represents 1 troy ounce of pure gold. The gold is stored in vaults in Switzerland and each token is directly linked to certified gold bullion. The system uses automated algorithms to efficiently manage the allocation of gold and Ethereum addresses.

XAUt tokens are available and traded on various crypto exchanges. XAUt is also an attractive alternative for those looking to hedge against inflation or global economic uncertainty, while remaining within the digital asset ecosystem.

Follow us on Google News to stay up to date with the latest in crypto and blockchain technology. Check Bitcoin price, usdt to idr and tokenized nvidia stock price via Pintu Market.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Sahabat Pegadaian
• Featured Image: Tirto.id