Gold vs Diamonds: Which is Worth Investing
Jewellery pieces are not just decorative materials adorned by us to make us feel and be more attractive. You of course would have guessed it. They also stand for the emotions which went into buying the jewellery. Do you know what else they stand for? They stand for future investments. Thus automatically in turn raises the question if every other piece of jewellery that you come across is an investment or not. They may or may not be. But two materials of jewellery that surely make them worthy of future investments are gold and diamond.
Which is better to invest in- gold or diamonds:
There is no one correct answer to anything in life. Similarly, in this case too there is no one true answer that will give you a one-liner as to which one is a better investment. That is your way. So why not take a look at it and see which one would serve as the best option of investment for you!
If you are into traditional kinds of jewellery, then surely gold would be a better option. It stays for quite a long time and has a certain gravity to it that diamond jewelleries lack. Sometimes we do have jewellery from our ancestors. Jewellery gifting is sure a tradition after all. They carry their emotions which made them pass it on to you. But at the same time, it has also been an investment on their part for the future. What a perfect blend we must say.
- Safe option:
Gold had been used as currency back in the time across the world. They have not lost their value yet. They still have the dignity that they claimed back in the days when they were even used as currencies. So if you want to keep it safe then opting for gold jewellery would be the best way to go about it. Diamonds would be fine enough, but not if you are not a risk-taker.
- Resale value:
Yes, now we are talking! Resale values are the most important aspect of an investment that you think of. In this aspect, diamonds beat gold. In terms of inflation may be gold exhibits greater worth, but you can always expect a good resale price in return for a pair of diamond jewellery. Gold quite certainly has more value than diamonds, but when it comes to the worth that can be paid with some green notes, diamonds win the race.
What should be your choice?
It depends on what your preferences are. As we just pointed out, if you are not much of a risk-taker or an emotional person, gold would be a better option for investment for you. After all the gold rate per gram is not a very bad price in today’s times. However, at the end of the day, money is what strikes the deal. In that aspect, diamond is your go-to option. It is your call.
We are only here to help you out. At the end of the day, it is your investment and your possession. Your choice must be the one you are comfortable with.