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Which is better investment GOLD or DIAMOND ?

***GOLD***

Properties of gold as a metal include that it does not rust or corrode, is malleable, and has superior ability to conduct both heat and electricity. Though it has some industrial applications, is largely used as a base for currency and jewellery.

***GOLD RESERVE***
Central banks all over the world also use gold reserves as a form of investment. However, as an investment class, demand for gold is determined by sentiment more than supply and demand principles. Since the supply of new gold mined is much lesser than the amount of gold held by individual hoarders, the price of gold falls when hoarders feel like selling.

***PHYSICAL YELLOW METAL***
There are more advantages to gold when buying it physically. It has no counterpart risk, meaning the value of it will never be zero. It is private and confidential in terms of no one knowing that you own it.

CASH FOR GOLD
Gold is also liquid and portable, making it easy to authorized resale places. Investments in gold can be liquidated much faster than other physical assets, It is also easier to store and comes with low maintenance and carrying costs.

***PROTECTION***
Gold can also protect an investor’s portfolio during a time of crisis. Looking at the graph below, The value of gold doesn’t correlate with the market. When stock market declines, gold has rise more than actually fall in value.

**SAFE HAVEN**
Gold is a natural safe haven when a crisis occurs and fear is rising. Gold ensures that if more people look to invest in times like those, then the prices substantially increase. Gold offers massive profit given the “precarious nature of our economic, financial, and monetary systems”

**DIAMOND**

When you buy diamond jewellery, you don’t get diamonds for its entire value. For instance, on purchasing a diamond worth Rs 50,000, about 17 percent goes towards gold charges (as part of jewellery), another 8 per cent towards making charges and another 3 percent as GST. So, effectively, only 72% of the purchase value is allocated towards buying diamonds.

Making charges are a form of mark-ups and over the years it has supposedly increased to help support diamond rates in the market. So, when you sell diamond jewellery, you will get value only for diamond and gold (mostly at a discount to current rates), while foregoing making charges and government taxes. This will further dent diamond’s price performance.

**Poor Secondary Market**

Unlike gold or silver, which has a very liquid secondary market, it is not easy to sell diamonds. Except for some large retailers, there are no transparent mechanisms of pricing or a system of buy-backs. A precious metal like gold is fungible and liquid. It could be stored and sold anytime in the market. However, that couldn’t be said about diamonds.

**Bigger is Better**

A one carat solitaire (single diamond piece) ring is more expensive than a 25-stone cluster ring. That’s because larger stones are rarer than smaller stones of the same quality. Moreover, if you are in the habit of buying many diamond rings – probably you stand to lose. Diamond prices usually rise in proportion to their size. Some experts in fact advise buying diamonds upwards of a carat. However, that might not suit everyone’s pocket.

**In a Nutshell**

Diamonds might be a girl’s best friends. However, its poor price performance and an illiquid secondary market make it a poor investment candidate. So, buy diamonds only for once-in-a-lifetime gifting and nothing more. Adopt equities or other financial asset classes for meeting your investment goals.

In short, investing in diamond would have eroded your wealth in the past decade. Gold in comparison did relatively better – it was up 84% during the same period, while equities (Sensex) gave a return of 141 percent. Equities gave an inflation-beating CAGR of 9-10% for its investors.

diamond
Gold max
July 2, 2020
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The Diamond Industry Is in a Pricing Crisis

Anglo’s De Beers unit will mine 1 million carats less than previously forecast in both 2020 and 2021, according to an investor presentation on Tuesday. That equates to less than 1% of global output, but slows the pace of the company’s expansion as an oversupply of rough diamonds weighs on the industry.

De Beers’s buyers have grown increasingly frustrated with the cost of rough stones as the price of polished gems slump. That’s led to wafer-thin margins and losses for some of the traders buying stones from De Beers and Russian rival Alrosa PJSC.
The crisis has spread to engulf the world’s diamond miners as well. De Beers, which dictates prices to its select group of clients, reported sales through November were more than $1.2 billion lower than the same period in 2018.

The company, which says it mines to meet demand, has responded by offering more flexibility to its customers, allowing them to reject some purchases. Last month, De Beers cut prices across the board by about 5%.

Even so, the company’s production is still set to rise to as much as 34 million carats next year, from 31 million carats in 2019.

Bloomberg
Source:

Thomas Biesheuvel

best pricediamondexchange offer
Gold max
December 11, 2019

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    SEll Gold

    WHO WE ARE ?

    WHAT DO WE BUY ? WHEN SELLING GOLD

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    ISO-CERTIFIED GOLD JEWELRY BUYER IN CHENNAI and The Most modern ANALYSING Technology. We are very particular about giving you the best possible offer with Max Money

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    We buy all kinds of gold. It doesn't matter if your gold is broken, scratched, bent or damaged. Examples of gold items we buy include:

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    We also buy silver and platinum such as silver jewellery, silverware, silver coins, silver bars, platinum rings, platinum bracelets etc.. we maintain full confidentiality when you sell your Gold, Silver or Platinum to us.

    Goldmax ensures we give you the highest Online MARKET PRICE with transparent evaluation and 100% Satisfaction Guaranteed.

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    When it comes to sell gold and all other precious metals.GoldMax has been 25 years in the business thanks to the graft and dedication that we put into our work. And also because we offer Chennai’s best prices.

    We only use the latest, cutting edge technologies to calculate the value. when you Sell gold, so that there is never any margin for doubt. when it comes to valuing your gold, silver, platinum or other precious metals.

    On top of all of this we really are a family run business. Our friendly professional team are all highly experienced and on-hand at any time to provide answers to any of your questions.

    About how to calculate the value of old gold jewellery and the buying selling process.

    At GoldMax the Old Gold price we tell you is the price you get while you sell. We never work with middle men and we then bring that saving back to you.

    We firmly believe that our business is driven by you,the customer. We’ll always go the extra mile to get the best possible deal for you when you sell.

    Whenever you sell with Goldmax, you’re always guaranteed the highest customer service and the best price for your old gold jewellery. anywhere in the Chennai.

    Come in today to the Store that Pays you More IN Chennai.

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    Hi, My name is ... I need to sell 22k hallmark-916-old gold in Chennai , also like to know the proceedures...