What Is The Best Jewellery Material To Invest In?

Let’s cut to the chase. The chemical element itself (Au) – Gold, But Why?

Why Is Gold The Smartest Investment?

Throughout history, gold has always been of the utmost value, and it will continue to do so because gold is visually pleasing, workable and does not tarnish or corrode. In response to a decline in events related to digital investments or printed money, the value of gold increases. The US dollar is one of the World’s most important reserve currencies hence, when the value of the US dollar falls, people tend to turn to the security of Gold, which, as with any other thing, when it becomes needed, the price value increases. A prime example of the US dollar dropping was from 1998 to 2008 due to the financial crisis, which nearly tripled the value of gold, reaching USD 1000 an ounce in 2008. Currently, in Australia, the current value of gold is 3959.60 buying and 4105.40 selling, rising from 3963.10. This is a 0.41% change from the previous market day and a 30.12% increase from one year ago, which is very promising towards investors, and it is better to purchase your investments sooner rather than later when it will continue to increase. Imagine if you bought Gold right now, think about the profitability in several years.

Watercolour painting during the gold rush period in Australia (start date 1851)

Three Simple Pros Of Buying Gold?

• Unlike stocks which are digital and can often be affected by system failures as well as hacking risks, gold on the other hand is a tangible asset and cannot be erased, hacked, or failed by a down system.
• During Market downturns when investments would usually be impacted, gold is the opposite and works oppositly to equities and bonds therefore reducing any risks in one’s investment portfolio.
• Unlike money, which can be of less value when ruined or ripped, gold preserves its real value and, if anything, tends to either be maintained in value although regularly increasing in value, creating it to be one of the most promising, if not the most promising, investment proven throughout historical periods.

What Karat Is The Most Valuable To Invest In?

22k gold has a higher resale value purely because of its resistance to breaking in comparison to 24k which is higher in content, softer and less durable. With 22k gold holding 91.67% of pureness, it is more suitable for jewellery due to its wear. therefore if looking to invest in gold when it comes to a piece of jewellery, 22k gold is the best option.

24K gold is of the highest purity (99.99%), making it the most valuable and ideal for investment purposes. most commonly used for gold bars and coins or simply, it is of high volubility. The only downside with pure gold is the lack of durability due to being able to easily dent since it is softer than other karats of gold. Apart from its slightly less durability abilities, nuggets of gold 24k Gold is a solid investment option.

18k gold is still considered of high quality even though it only contains 75% pure gold. It is not as common for investment purposes although if looking to purchase high-end fine gold jewellery you will most likely find that it is worth 18k gold as above 18k is quite rare to acquire these days in comparison to history where it was more prominent.

Form of Investment: If you’re looking to invest in physical gold, you might prefer buying gold bullion (bars or coins) or exchange-traded funds (ETFs) based on 24K gold. These tend to track the price of pure gold directly, which is generally what you’re investing in. BE AWARE as It’s important to know local regulations before buying any Gold.

Written By: Eva Pocrnja

Published: 20th November 2024