Why should I invest in diamonds instead of gold?

Posted by Luminus Diamond on March 28th, 2019

Despite the global economic crisis, investing in diamonds remains profitable for individuals and businessmen. The price of these minerals has not fallen even though the economy is at a very critical point. Studies have shown that their value now exceeds that of gold, silver and precious stones on the market.

What you need to know about investing in diamonds

For safe diamond placement to be successful, the individual must have some knowledge. This helps to detect scams in the field. First, the individual must speak the diamond language. He must master the 4 C's which mean carat, size, color and purity.

As the price varies according to the weight and characteristics of the material, the buyer must not bet all his economy over certified loose diamonds. Moreover, he must diversify his investment. It is advisable not to buy minerals of the same characteristic since the cost of the blue diamond may be higher than that of the green. A comparative study is important in the field. This helps to determine the exact amount on the market and negotiate the price with the merchant.

Even though the web facilitates the search for a seller, it is recommended to check the certification of the product. Only certified materials have value in the trade. Without the loose diamonds IIDGR certified, it will be difficult to resell them in the future.

Why bet on diamond buying?

Of the different types of financial investments, investing in diamonds is safer than the stock market. This is because the value of this material increases with time. In general, its price depends on supply and demand. For the investment to be profitable, the individual must study the behavior of the market. This study makes it possible to determine the exact moment when the sale is lucrative.

Moreover, this mineral does not suffer from the effects of the current economic crisis. By putting a portion of its savings in material goods, businessmen can survive in the event of a big business, since the diamond always pays. However, its cost depends largely on the rate of demand.

Unlike the case of gold, the value of currencies does not affect that of diamonds. In addition, this precious stone is universally accepted as a bargaining chip. And it is more easily transportable than gold. Indeed, a single diamond can represent in value the equivalent of several gold bars. The diamond is clearly not a speculative product in the short term, but a value that is valued over time.

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Luminus Diamond

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Luminus Diamond
Joined: March 13th, 2019
Articles Posted: 21

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