Gold has attracted people across the world since time immemorial. It has lured people with its beauty, stability, class, and one of the rarest and the most expensive assets. People buy gold jewellery for the love of gold, and it has also proved one of the best investments. Unlike other investments, gold is not volatile, does not have the impact of inflation, and is one of the safe and good investments to opt for incredible returns. People also purchase gold jewellery as it makes an excellent gifting option during special occasions, and also, gold acts as a status symbol.
However, it is not only a secure and good investment but also an emotional one. People buy gold as a status symbol; they flaunt gold jewellery and use it to fulfil their needs as it comes in handy during dire situations. That is what makes gold jewellery an assured investment, as it is easy to buy and hassle-free to sell or take a loan against it. It does not even require maintenance or does not become much volatile as per the markets. Moreover, choosing the most reliable and trustworthy jeweller is crucial. There are a few jewellers in the market serving for decades, and their names have become synonyms to trust for purity; one such jeweller to purchase gold from is KGK Group.
Let us walk through some of the most crucial points in this blog that will help you know whether buying gold jewellery is a good investment or not. Without any further ado, let’s begin.
Gold Is One of the Best Investments of All
Gold is one of the most preferable and good investments that people bank on. The love for the yellow and shiny metal is evident in how people adore it, whether in the form of gold jewellery or solid gold. It is considered a good investment because of its liquidity compared to other investments like stocks and bonds. It is easy to liquidate and acts as a sigh of relief during emergencies. Because of its stable performance, gold became the most sought-after investment even during crises like the Covid-19 pandemic.
Buy Gold Jewellery or purchase it in Solid – it is a Lucrative Investment
One of the best things about it is one can buy gold jewellery wear it, flaunt it, use gold as a status symbol and liquidate it during emergencies. For decades, investing in gold has proven to be the safest path, and it got demonstrated during a recent Covid-19 pandemic. It is one of the most lucrative and transparent investments. It does not require tedious processes or documentation like other financial investments. Adding gold to the financial portfolio will make it more stable, as the economic factors do not affect the prices of gold, unlike other investments. Gold also acts as a hedge against inflation, making it a good investment over the years and passing it on to successive generations in the family.
Easy Loan Facility Against Gold Jewellery
Uncertainties are part and parcel of life; they can create havoc at any time. However, gold proves to be an excellent choice during challenging times as it can be liquidated easily in the market. Many financial institutions and banks offer loans against gold jewellery at low-interest rates. You can avail of the loan in a couple of hours, which is impossible with other investments.
Conclusion
The choice is always on you whether to invest in solid gold or gold jewellery. In either form, it will not make much difference. It will grace your lockers in solid form, and in jewellery form, it will enhance your beauty. The RBI rate set against loaning gold jewellery is 75% of the gold value. However, one critical thing you should never forget is to purchase gold from renowned jewellers like KGK Group for the most reliable and trustworthy purchase and quality.