If you typically purchase items which have been crafted out of gold such as gold coins and Indian gold jewellery as gifts either for yourself or your loved ones, you may be surprised to learn that gold coins and jewellery also make great investments.
Just not ornament it’s a wise investment! 5 Key reasons why gold objects are great investments
1. Gold will always increase in price
As gold is a limited resource you can be sure that in the long run, gold will become even more valuable and will increase in price. Even if there is an international recession and the value of global stocks plummets dramatically, you won’t have to worry about the value of your gold pieces dropping as gold actually increases in price, when the stock market crashes.
So if you’re concerned about the possibility of a world wide recession, do yourself a favor and start stocking up on gold objects such as gold jewellery and collectable gold coins.
2. It’s a lot more fun to collect beautiful pieces of gold jewellery and gold coins than traditional investments
While it’s also a wise idea to invest in stocks and bonds as part of a diversified investment portfolio, you should find that it’s a lot of fun to collect stunning pieces of Indian gold jewellery and commemorative gold coins. As you’ll actually be able to pick up and admire your collection of gold coins and you’ll be able to wear your Indian style gold jewellery from time to time.
3. If you ever require extra money you won’t have any trouble selling your gold pieces
If you’re ever experience a drastic change in circumstances and need to get your hands on quick cash, you won’t have any trouble selling gold jewellery or gold coins. As there is always a high demand for both types of gold items.
4. You may receive a better return for your gold investments than if you were to put all of your money in a savings account
While it’s definitely a smart move to regularly place a portion of your salary into your long term savings account, it’s also well worth investing in gold. As you may actually receive a better return on your gold investments in the long term. Especially as the percentage of interest which you’ll receive on your long term savings account is likely to be low and you have to account for yearly inflation.
5. You’ll be able to self rare gold coins or pieces of jewellery to collectors
There are two ways which you can earn a profit by investing in gold objects such as jewellery and comparative coins. You can try to track down individuals who collect comparative gold coins or you may try to self your gold pieces of Indian jewellery to fashion forward individuals, who are on the lookout for unique jewellery pieces. Alternatively, you may prefer selling your gold to a business who will melt down your gold items to make new gold items.
So if you’re interested in purchasing gold items as an investment, it’s well worth purchasing your first pieces today.