Tips For Successful Gold Investment

Investing in gold is considered the most secure investment type since gold value never gets lost. Gold has always been valued throughout time, and expectations are that it will remain a precious metal till the end of time. Gold’s characteristics contribute a lot to its value. Gold never tarnishes, or oxidizes, and is the least metal that causes allergy, especially in its purest type, which is 24K gold. These are a few characteristics that make gold valuable.

Gold prices get higher whenever other types of investments, such as currencies, go down. That is because gold prices depend on demand, and gold demand is always high, especially during economic crises. People immediately turn towards buying gold, as they know how valuable this rare metal is. In times of currency inflation, gold is the most proper metal and tool to invest in. Even though gold is a long investment, and it does not have immediate returns, unlike other investment types such as stocks, it is still the most stable and safe investment.

Also, gold investment has various ways. For example, you may invest in gold bullions, coins, gold rounds, certificates, mining companies, and CFD, among various means. Gold jewellery is also an easy and simple way to invest in gold. In fact, as long as you have gold jewellery, especially 22K-21K gold jewellery, you hold an investment for the long run. 

However, in order to have a good investment in the gold ring you have or the gold set, you must buy gold jewellery from a trustworthy gold shop. The gold shop must be among the well-known gold shops with an excellent reputation, and amazing gold jewellery varieties of rings, earrings, bracelets, necklaces, etc. Your jewellery must hold a hallmark that shows its pure gold percentage. 

If you buy a bracelet without a hallmark, or the jewellery shop does not provide a certificate, there is a big chance that this bracelet does not have gold. In this case, you have not only lost the money you used to buy gold jewellery, but also you don’t have an investment to count on!

Another thing you need to keep in mind if you consider investing in gold jewellery is that jewellery’s price is determined not only by the amount of gold it includes but also by the craftsmanship and any additional gemstone, diamonds, or pearls that have been added to your necklace for example. So, while re-selling your gold set or necklace, you need to keep these factors in mind.

Think wisely before buying your gold jewellery and look for the best option to get real pure gold at the best prices ever. While reading this sentence, I am sure you may ask yourself how it is possible to get pure gold at reasonable prices, and you may doubt if such a place exists.

Well, it exists! Have you ever wondered why Dubai is the city of gold? For several reasons, Dubai is famous for its pure gold and reasonable prices compared to any other place. The reason for Dubai’s gold prices being the cheapest is the low taxes employed. When you buy gold from Dubai or any other city in the UAE, you will only have to pay 5% VAT on the price, unlike other countries where various taxes are added. 

If you don’t live in the UAE or cannot travel to buy gold from Abu Dhabi or Dubai, you don’t have to worry. We, one of the most reputable gold shops in the UAE and the Gulf region, offer a great collection online. With our user-friendly online store, you will be able to buy brilliant designs of 18K and 21K gold at reasonable prices.