Gold loans are secured and carry lower interest rates between 7% and 11%, while personal loans are unsecured and costlier, often exceeding 13%. Gold loans provide faster disbursal, minimal documentation, and flexible repayment, making them ideal for short term needs. Personal loans, though collateral free, require higher credit scores and longer approval. Experts recommend gold loans for liquidity against idle assets and personal loans for larger, credit backed funding. The choice depends on repayment capacity and urgency of funds.