Gold Or Diamond Investment
The market is also very liquid and unlike diamond it is very easy to sell off your gold.
Gold or diamond investment. 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. 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. It also reports that diamond prices have benefited from 1 6x lower volatility than gold. Gold is the granddaddy of precious metals at least from an investment perspective.
Drop the idea of investing in gold. If you had set your diamond investment budget on 20 000 then you should consider buying 2 x 10 000 diamonds or even split it into three. Gold investment gold rate in bangalore is transparent and in the times of recession gold is the best protection for your money. 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.
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. Gold is a valuable investment but now diamonds seems to hold better investment prospects for the buyers. In diamond investment like in other investments it may be wise to diversify your portfolio. But which is the better asset class of choice for long term wealth building.
The reason is that the diamonds have experienced a steady price appreciation in the. But other precious metals such as platinum and silver have their own place in a savvy investor s portfolio. 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. Diamonds are forever goes the old song by shirley bassey.
On top of that don t buy two three diamonds of the same type.