Should I Buy Diamond Or Gold Jewelry?
Diamonds and gold are both precious resources, but if you’re looking at jewelry as an investment, which holds more value? Gold is at a high price right now, and diamonds are high value gemstones. When it comes down to investment value, though, gold takes the lead.
Both are unquestionably valuable. People often buy gold to protect their money against the uncertainty of the market. While gold does fluctuate in price, its value has continued to rise, growing stronger over the course of many years. That makes it a good long-term investment. However, because it fluctuates daily, it’s also a good short-term investment for people who want to invest and make a quick profit.
Diamonds grow in value over years, which means that as a long-term investment, they are comparable to gold. However, in the short term, their value does not increase. In fact, diamond jewelry rapidly depreciates after you purchase it, which is why consignment jewelry can be a much wiser buy. When you buy an old diamond, it’s just as valuable as an old diamond, so buying it for a fairly low price means you’re likely to make a profit if you sell. In fact, after several years, a diamond will be more valuable than gold, if you’ve purchased a high-quality diamond. So, if you’re looking for a long-term investment, diamonds can be a good option. Choose your diamonds wisely, making sure they’re of the highest quality, and don’t go for trendy colored diamonds unless you know they’ll sustain long-term value. Black diamond jewelry for instance, is rare, but it’s not worth as much as jewelry made with traditional white diamonds.
How do you store your commodities and sell them later? If you’ve invested in gold coins or bullion, you will need a secure safe in which to store them. Diamonds are easier to store, and you can even wear your treasures while you’re holding onto them. Of course, if you purchase your gold in the form of gold jewelry and chains, you must be just as careful as you would be when purchasing diamonds. Gold plated or gold filled jewelry, for instance, does not have much resale value.
Any time you’re looking for diamond or gold jewelry, you owe it to yourself to check out DazzleMe.com. The online jewelry store of Home Consignment Center, DazzleMe.com was created to cater to the needs of men and women looking for the world’s best jewelry. With about 70 percent brand-new, on-trend fine jewelry consigned from designers and manufacturers and 30 percent vintage and pre-owned pieces, we’ve got something for everyone. Our unique online jewelry store is the perfect place to find everything from antique to ultra-modern jewelry, with thousands of high-end designer pieces available and new items arriving daily. When you’re on the hunt for beautiful, one-of-a-kind jewelry, you owe it to yourself to start your treasure hunt at DazzleMe.com. Contact us with any questions or concerns, check out the wealth of information on our site, or feel free to just start shopping!
