Gold Or Diamond Investment

In diamond investment like in other investments it may be wise to diversify your portfolio.

Gold or diamond investment.

Drop the idea of investing in gold. But which is the better asset class of choice for long term wealth building. Now the industry players are of the opinion that rings can turn out to be a better replacement in comparison to gold. 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. Gold investment versus diamond investment. 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.

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. Gold is a valuable investment but now diamonds seems to hold better investment prospects for the buyers. 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.

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. Gold investment gold rate in bangalore is transparent and in the times of recession gold is the best protection for your money. 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.

Gold is the granddaddy of precious metals at least from an investment perspective.