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Chow Tai Fook's $20,000 diamond ring can't be used for $3,000! Does the diamond ring depreciate so much?
Chow Tai Fook's $20,000 diamond ring can't be used for $3,000! Seeing such a situation, many people can't believe why the price difference in the middle is so high. It seems that I will never buy a diamond ring again, and I will give priority to gold. So, why did the diamond ring depreciate so much?

1, brand phenomenon. In real life, some people especially like to buy diamond rings, which is nothing more than a brand problem. Because if a commodity is given a corresponding brand, it will add some added value to the commodity, even some slogans of luxury goods. Faced with these slogans, it is natural to spend more money to buy some less expensive ones. And this phenomenon is like luxury goods, because luxury goods give brands, so the price will be extremely expensive. But what is the actual cost? Needless to say, everyone knows that, after all, cost-related things are common things in our lives. Even if they are too rare, the price is far from the selling price.

You paid a lot of money for it. If we analyze why the diamond ring depreciates so much from another angle, we might as well push it backwards. Why not say that you bought a diamond ring at a high price? Judging from the market situation, diamond rings are actually not easy to sell. Diamond ring is just a commodity, and it has no preservation and appreciation. But in real life, many people still choose to buy a diamond ring, which is nothing more than facing marriage, engagement and so on, because the diamond ring is at best a witness of love. With such a stunt, the price will naturally soar. So from this perspective, is the diamond ring you bought expensive? Instead of a diamond ring, why did it depreciate?

Content summary.

For people with limited conditions, it is not recommended to buy a diamond ring. If you have to choose, you should give priority to gold jewelry. After all, gold has a value-added value. Moreover, gold belongs to currency and has liquidity. Therefore, it is more practical and collectible for ordinary people.