Gold is a precious material that has kept its value for hundreds of years and its value keeps growing, which is why it’s a perfect way to diversify your investment avenues.
Not to mention that gold is a luxury that remains in your family through generations. Just as the lifetime of a tree, its strong roots, and the shade it provides, your family will continue to be in the shadow of your investment and reap the benefits for years to come.
Gold can be manufactured in a range of different colors, however the three most popular are yellow gold, white gold and rose gold which are all quite similar in terms of strength and malleability.
The purity of gold can be measured in karats; pure gold is 24 karat which is 100 percent gold, 18-karat is 75 percent gold, 14-karat is 58.5 percent gold and 12-karat gold is 50 percent gold and 50 percent alloy.
The price of gold jewelry is dependent on the karat of the jewelry and therefore the purity of the gold. When the karat or weight of the gold is higher, the yellow color will also be more prominent and of higher value.
Without a doubt, gold is one of the wisest investments you can make, as gold is timeless. However, there are a number of things you should consider when buying gold.