From the decades I have been engaged in gold jewelry, diamonds have international industry norms, and the price has never fallen. Only they are growing steadily. Diamonds below one carat have the best sales, with the largest increase compared with the past. The big diamonds that reach the collection level are rare and hard to reach. The gold market is rich in resources, with frequent ups and downs. As we all know, if you are short of money and want to sell, diamond jewelry is hard to sell and gold is easier to realize, but this is not your original intention to buy gold diamond jewelry, but an emergency way. From the investment point of view, there is a shortage of high-quality diamonds from three carats to five carats, especially those over ten carats. At present, the price has risen many times. Collecting gold can only preserve the value, but not necessarily increase the value. As the saying goes:? Usually hide jewelry and rob gold in wartime? Maybe this is the truth.
Gold and diamonds are precious metals traded internationally. Gold has more functions than diamonds. It exists as a strategic reserve and an international currency.
1. Gold has been a currency since ancient times, not only in China, but also in many countries all over the world. So everyone agrees that gold is easy to convert into cash.
Second, the price of diamonds is much higher than that of gold. Diamonds are not so perfect in the domestic secondary market, so many diamonds are expensive to buy and very low to sell. The most important thing is that there are few places to recycle diamonds. Except for some pawn shops, many gold recycling shops don't accept diamonds, especially diamonds under 30 cents are more difficult to recycle.
Third, from the perspective of recycling, the price of diamonds will be much lower, less than half of the purchase price. The recovery price of gold is determined by the international gold price. As the international gold price rises, diamond recycling will increase in value. Besides the labor cost, the gold price is still there, so gold recycling is much more cost-effective than diamonds.
Fourth, if we only look at the price increase, it must be the preservation of diamond prices. The price of high-quality diamonds increases by 20% every year, and diamonds are the only monopoly resources.
In short, if you want to sell it after buying it, it must be gold, which is more liquid.