1. Buying gold jewelry often costs more, because its price often includes processing fees and design fees. Jewelry is certainly more beautiful than gold bars, but this "beauty" comes at a price.
2. The risk probability of holding gold jewelry is low: wearing, stealing and robbing.
3. Gold can be bought and sold through online electronic trading, and the transaction cost is low (money cost and time cost). If jewelry is realized, there will be many relative links, all of which will cost money.
From the perspective of realizing cash or short-term investment,
paper gold
Better than gold bars and ornaments.
The price difference between paper and gold is small and the cost is low. It is ok to buy gold bars directly, but the cost will be higher, but you can see the real thing.
If you want to invest and have a hobby of collecting, you can consider yellow jewelry. If only from the perspective of value preservation, it may be better to invest in gold bars, because investment gold bars are highly liquid, unlike jewelry, it is difficult to find counterparties and lack a mature trading market.
Gold jewelry is not a good investment in gold. Unlike gold, which has become an excellent investment product, gold jewelry is not suitable for purchase as an investment product.
If you buy gold products for investment and preservation, you'd better buy gold directly instead of customizing or buying gold ornaments. Because it is inaccurate to say that gold jewelry can be used for personal use and can preserve and increase its value.
Gold jewelry is different from ordinary gold bars, because it requires higher appearance and style, so the design, manufacturing process and additional expenses paid when buying are particularly high. From gold nuggets to gold ornaments, we have to go through many profit links such as manufacturers, wholesalers and retailers, and all the expenses will be borne by the buyer when we finally arrive.
Therefore, the purchase price of gold jewelry is much higher than that of ordinary gold bars, and when it is sold, in addition to this part of the cost, the jewelry will inevitably wear and tear to varying degrees in use, and this part of the loss will also be borne by the buyer.
Generally speaking, if most gold jewelry is to be realized, it is "buy at a high price and sell at a low price", so the transaction cost of gold jewelry will be particularly high. Moreover, gold jewelry is not easy to be realized because of the complicated procedures of identifying the fineness of gold jewelry.
There are three main ways to invest in gold: physical gold, paper gold and quasi-futures gold. You can choose an easy-to-operate way to invest in gold according to your own economic strength, instead of blindly buying gold jewelry. It is incorrect to think that you can invest as long as you touch the word "gold".