Of course gold and diamonds are both beautiful and timeless keepsakes whether you are looking to invest in an asset or simply present a loved one with an unforgettable piece of gorgeous jewelry.
Gold or diamond investment.
But which is the better asset class of choice for long term wealth building.
Characteristics of investment grade polished diamonds are highest color d e f and clarity if vvs1 vvs2 weights ranging from 1 to 10 carats triple ex grading excellent cut excellent polish excellent symmetry and no fluorescence.
The most worrying aspect about investing in diamonds is that it wasn t until 1938 that diamonds became synonymous with luxurious expensive jewelry that compared with precious metals like gold.
Of course much like gold silver or any other precious metal a diamond is a great store of value and is a desirable and investable asset class.
The market is also very liquid and unlike diamond it is very easy to sell off your gold.
In diamond investment like in other investments it may be wise to diversify your portfolio.
Gold is a valuable investment but now diamonds seems to hold better investment prospects for the buyers.
Gold investment gold rate in bangalore is transparent and in the times of recession gold is the best protection for your money.
On top of that don t buy two three diamonds of the same type.
It also reports that diamond prices have benefited from 1 6x lower volatility than gold.
Drop the idea of investing in gold.
Now the industry players are of the opinion that rings can turn out to be a better replacement in comparison to gold.
Gold investment versus diamond investment.
Diamonds are forever goes the old song by shirley bassey.
However if you do understand the value of diamonds gold and other precious metals as an investment you will likely be curious about whether or not.
Industry players believe diamond could be a good replacement to gold as an investment option with likelihood of steady price appreciation as has been witnessed in recent years.
But other precious metals such as platinum and silver have their own place in a savvy investor s portfolio.