Why more and more wealthy people choose to invest in jewelry

Why are more and more wealthy people choosing to invest in jewelry? In people’s minds, jewelry represents expensiveness and is a standard item for wealthy people. However, few people know that buying jewelry is one of the reasons why rich people get richer.

In 2006, an 8.62 carat Burmese ruby ​​ring was sold at a Christie's auction for $3.63 million, setting a new record for rubies. In 2014, the ring appeared at auction again, this time for $8.5 million. The price more than doubled in just a few years, which is truly amazing. After reading this example, I believe many people will be surprised at the appreciation ability of jewelry, and will understand why celebrities from all walks of life spend a lot of money on jewelry without any regrets.

Of course, not all jewelry will bring such returns. Those that have seen a larger increase are generally high-quality, rare, and highly recognized and accepted gems. The ones that meet these conditions are none other than the world's five most precious gems. However, the market activity of chrysoberyl is not as good as that of diamond, ruby, sapphire, and emerald, so its popularity is relatively low, but its value is still very high.

Diamonds are different from rubies, sapphires and emeralds. The price of diamonds has been very stable with little fluctuation. The prices of rubies, sapphires and emeralds are deeply affected by market supply and demand. Their price growth has a lot to do with the sharp decline in gem production and the increasing market demand.

There are many more jewelry that can be invested in. The above only lists the jewelry types that are currently popular and have promising market prospects. Jewelry investment has become one of the asset allocations for many families. When considering jewelry as an investment, one cannot ignore the quality of the gemstones. Only gemstones that have both quality and market appeal will have greater room for price appreciation. At the same time, high quality will also make it easier to cash in the jewelry. The most important thing is to make choices based on your actual situation and to allocate and plan reasonably.

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