Good Reasons to Invest in Gold Jewellery
For centuries, gold has been cherished for its aesthetic appeal, luxury, wealth and prestige and as a part of investment in every household to build financial security. Gold in the form of jewellery has a unique advantage not only treasured for its beauty, durability, and versatility but also serves as an adornment. Investing in gold jewellery allows individuals to enjoy its beauty while creating lasting memories and emotional connections. Gold jewellery provides a unique opportunity to diversify investments by including a tangible asset with potential long-term appreciation.
Let us help guide you through the benefits of investing in gold jewellery, with defined criteria that can hold their value over time. The first step is to enjoy and appreciate gold in physical form to experience the beauty of the metal. Next, how do we start investing in jewellery? What kind of jewellery pieces should one add to your portfolio, and if it is worth investing in? At the outset.
Educate yourself about the Emotional quotient:
Strick the cord of individuality in the form of wearable art, enhancing personal style and making a statement, gaining through research on jewellery investment drawn from across the jewellery fraternity. These will help you to decide what you need to buy so that you love adorning them, particularly pieces with sentimental significance or family heirlooms, over a period, even if you wish to, you may either keep them, upgrade them, or sell them off.
Establish relationships:
When looking at gold investments, picking the finest investment jewellery pieces is always tricky, until you establish a good rapport with the relationship managers in the industry who will advise you on making the right investment decisions.
Choosing the right pieces:
Impulsive buying leads to jewels in the lockers. Always ensure to pick the right pieces that hold value and ensure it is a profitable investment. Designer pieces and vintage jewellery are known for appreciating value over time.
Pick the best jeweller:
Choose the right jeweller who is most trusted, transparent, ethical, and customer and service-oriented.
The Collections:
Jewellers that have been in existence for years have a wide range of collectables and hence the best place to find authentic jewellery pieces, heritage and estate collections, Limited editions- exclusive and never to be made again, rare creations, auction-able pieces, kundalavelai, rare gems, the Solitaire collection and many more. Choosing from these jewellery pieces is an excellent investment.
Best value for Money:
Ensure you’re selling your gold jewellery at the best market value. Consider selling through reputable jewellers .
Importance of Security and Insurance:
Historically, gold has served as a hedge against inflation and a means of preserving wealth. Gold jewellery holds its value and can act as a safeguard during economic uncertainties. As inflation erodes the value of paper currency, gold jewellery retains its worth and serves as a store of wealth over time.
Investment jewellery is usually expensive and needs to be safely stored. To add another layer of security consider insuring against theft and damages. Reputed jewellery brands cover jewellery purchased for a value of Rs. 100000/- and above per item under this invoices and is covered against losses due to burglary, chain snatching, hold up (robbery using threat / violence) while in your possession or worn by you or in residence or bank locker, this is insured for 1 year from the date of purchase. Further, consult your insurer to keep them secured.
Article and picture courtesy: C. Krishniah Chetty Group Of Jewellers