In case you are allowed to investment a bit of fortune in buying valuable assets, two things should come in your mind as a priority-Gold and Diamond. But whichever should be the best buy, you will have to decide and analyze. Well, buying Diamond earrings could be the best decision in case you are looking towards enhancing your asset.
Gold as an asset?
Gold is generally counted as a metal that would enhance the value of your asset since the price fluctuates. As a consumer maybe you don’t know the intricacies of the metal but you could be rest assured that the price of the metal would appreciate multiple times and can be a safe haven for those wanting to invest for the future. Market investors have found out that since gold gives a steady increment in price around 10%, buying this metal is lucrative for the future. The other modes of investment like fixed deposits have fallen down steadily. So, when gold sees a soaring rise in price, it’s better to invest here in case you are looking towards selling the asset and investing in short term gains like a holiday or your kid’s admission. This is a separate view altogether for some investors.
Investing in diamond?
Unlike gold diamond doesn’t have a steady rise in terms of value. But then also it depends upon certification. The price of diamond depends on the 4C’s like clarity, cut, color and carat. But they are said to have a standard market price. It’s suggested that you should buy or sell diamonds from a very trusted retailer in order to get a perfect price.
How to decide whichever is better?
In case you are looking for a good return on investment, obviously gold takes the better place. In case of gold, price is always soaring high. But, diamond is said to retain a very stable price. But buying diamonds could also be lucrative value if you want to increase the value of your assets. Gold price skyrockets, so you can buy in terms of value and get a goof return in the future.
You will have to maintain certain tips so that your valuable stones are kept clean and sparkling forever. Caring for your valuables can better be done while searching for some great tips. Gold can be purchased from any shop having a great reputation. The quality of gold depends on the purity used while manufacturing the ornaments. You can always opt for 99% pure gold but make sure that you collect the certification from the shop.
Diamond is always referred to as a girl’s best friend and the best possible gift for any special occasion. Engagement and wedding rings are always made from diamond. Diamond necklaces are considered the epitome of elegance and always a symbol of affluence and aristocracy. The craze for diamond will never see a down ward curve and there are more and more items upcoming in diamond. Diamonds stand the test of time and have always carried the mystery of stratified carbon being present in the best of form.