Gold Or Diamond Investment
Gold investment gold rate in bangalore is transparent and in the times of recession gold is the best protection for your money.
Gold or diamond investment. Diamonds are forever goes the old song by shirley bassey. 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. It also reports that diamond prices have benefited from 1 6x lower volatility than gold. 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.
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. Gold is a valuable investment but now diamonds seems to hold better investment prospects for the buyers. Gold investment versus 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. In diamond investment like in other investments it may be wise to diversify your portfolio. On top of that don t buy two three diamonds of the same type. 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 is the granddaddy of precious metals at least from an investment perspective. But other precious metals such as platinum and silver have their own place in a savvy investor s portfolio. Drop the idea of investing in gold. 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.