When you are planning to buy gold jewellery, it is worth noting that it is not only about style. That is because it offers a mix of financial, emotional, and practical benefits that still make it relevant today. Investing in 14k gold jewellery or higher is great value for money. But you can also aim for long-term investment in 18k or higher.
Why More People Buy Gold Jewellery
- It Holds Long-Term Value
Gold has a solid reputation of keeping its value throughout the years. So, even if prices fluctuate, gold jewellery can act as a store of value, especially during economic uncertainty. - You Can Wear Your Wealth
Gold jewellery is functional unlike stocks or bullion. Thus, you get enjoyment, confidence and elegance while still owning something valuable. - A Hedge Against Inflation
Even when currencies weaken, gold often performs well. So, despite the inflation, you can protect your purchasing power with your gold investment. - Emotional and Cultural Significance
Special occasions or milestones also become more meaningful with every purchase of gold jewellery. - Easy to Sell or Pass On
As you may already know, gold is widely accepted and can be sold, traded or passed down as an heirloom. - Timeless Appeal
Even as trends change over time, gold never goes out of style. In fact, classic pieces remain relevant across generations.
Choosing Gold Jewellery that Holds Its Value
- Prioritise Gold Purity
If you are going to invest in gold jewellery, check the level of purity to suit your needs. Jewellery that is 22k to 24k is good for retaining value, while 18k provides a good balance of durability and value. - Keep the Design Simple
You may choose classic pieces like bangles, chains, and plain rings because they are easier to resell. They also don’t go out of style that easily and have lower making charges. - Watch the Making Charges
Note that a gold jewellery with high craftsmanship equals higher cost but lower resale recovery. Therefore, you need to determine if the making charge is fixed or percentage based. - Buy by Weight, Not Just Looks
Overly delicate jewellery may hold lower value than heavier pieces with solid construction. - Think Long Term
Note that gold jewellery is best viewed as value preservation rather than fast profit.
If you are looking for 14k gold jewellery as an investment in yourself, contact Fairley today. A curated collection of solid gold jewellery is waiting for your call.
