People have always been fascinated by the beautiful, shiny, and soft metal called gold. Over the years, archeologists have discovered gold pieces used as decorative ornaments and jewelry to symbolize their owners' wealth, elegance, and high status. If you have excess money to invest or are planning on buying a piece of jewelry for a family member or friend, maybe, you should consider something made from gold so it can withstand the test of time.
Here are the reasons why gold jewelry is timeless:
Maintains Its Value
Precious metals, including gold, have consistently increased in value over time. So, the value of the gold band or ring you acquired from a reputable store, such as Mimi's Jewelry, could potentially double its value in the next few years. For one, gold is in high demand. Anything made from it will always be sought after by people and industries because it's considered a scarce resource.
Unlike diamonds that can now be manufactured in laboratories, gold has always been mined. The good thing is that alchemists who’ve tried for centuries to replicate gold in their labs have not succeeded.
2. Versatile
Gold jewelry is a versatile accessory that you can wear for any occasion. A simple gold chain is something you can use every day. Additionally, you can opt to add a diamond pendant or wear your gold jewelry with a necklace made from other materials to vamp it up for special occasions. A gold ring is an ideal accessory that's on-trend forever, including
timeless options like mens white gold wedding rings. What's more, gold fits all genders because it's simple, classic, and can easily be embellished or paired with different pieces of accessories to suit any personality or fashion theme.
3. Made To Last
Gold is such a malleable metal, so it's soft. To make this metal withstand the wear and tear from everyday use, jewelers add in sturdier metals, like copper, nickel, silver, zinc, or iron. Many gold jewelry pieces contain 50% to 75% gold, so they're still valuable. Even with the added metals, any gold piece, even a very fragile-looking one, can retain its shape for a long time. But, since gold is a significant investment, you need to know how to identify real or fake gold jewelry when buying from retailers.
Moreover, these jewelry pieces can be passed on to the next generation of your family because, with just a little TLC, gold can retain its shine, beauty, and grit. So, if you pass on a beautiful and customized monogram pendant to one of your children, you can expect their children and their children's children to enjoy and use that piece of fashion accessory during their time.
4. Represents Luxury And Opulence
Another reason why gold has kept its timelessness is its representation of luxury. For centuries, gold has been a status symbol. The more you have gold, the more affluent you become in the eyes of your neighbors. Even during ancient times, only the royalty, upper class, and ultra-rich and ultra-influential could get hold of fancied gold trinkets. If you visit a museum that features old artifacts, you'll see how much value has been placed on gold and the things made from it. This link to opulence has been going on for countless generations and in almost any place on the planet.
5. An Investment You Can Wear
Gold is an excellent investment hedge against inflation. You can invest in gold by purchasing gold coins or investing in companies that mine gold. If you want to wear your gold assets, you can buy gold jewelry instead.
The good thing about gold items is they increase in value through time. On the contrary, other assets depreciate. A brand-new car, for instance, loses as much as 20% of their value right after you drive them from the showroom. Besides, the fun thing about investing in gold jewelry is that you have many options. You can buy gold rings, necklaces, earrings, bracelets, anklets, or even have customized diadems.
6. A Cash Equivalent
Many experts will tell you that real estate is a timeless investment that could potentially give you high returns in the future. While you'll have an opportunity to earn big by investing in land and houses, real estate isn’t something you can quickly dispose of when you suddenly find yourself needing cash.
Gold jewelry, however, is a portable asset that you can easily convert to cash wherever you are in the world for as long as there are pawnshops or jewelry stores. So, if you’re in another country and you find yourself in a pickle, you can sell or pawn your gold chain or bracelet for cash.
The Bottom Line
The popularity of gold jewelry has transcended the test of time. From Ancient Egypt up to today, gold jewelry has been in demand and desired by people. So, even if there are different types of assets and investments available to you today, it's still a good idea to put some of your money in gold jewelry. It's a timeless purchase that you can wear and enjoy at any time.
