Yes, you can borrow against gold bullion. Many banks, credit unions, and specialty lenders offer secured loans using physical gold (bars or coins) as collateral, often called gold-backed loans.
The lender typically holds your bullion in secure storage for the loan term and lends you a percentage of its market value, commonly 50 to 80 percent, known as the loan-to-value ratio.
Interest rates are usually lower than unsecured loans since the gold reduces the lender’s risk. If you fail to repay, the lender can sell the gold to recover the debt. Terms, fees, and available loan-to-value ratios vary by lender, so it’s worth comparing offers and confirming how your gold will be stored and insured before borrowing.