Gold has stood the test of time like no other metal; it has always been regarded as the true currency of the world, a safehaven for investors and a smart choice when it comes to a gift for the special person in your life.
The varying price of gold has made buying a piece of gold jewellery somewhat prohibitive recently, however there is one thing that this situation has taught us… buying a piece (or pieces) of gold jewellery is an investment for the long term.
Let’s put the value of gold, and it’s related price into perspective with a few facts that you might find interesting:
- Gold won’t rust
- Gold doesn’t oxidise when it comes into contact with air
- Pure gold is so soft and maleable that it can be molded with hands alone
- Pure gold does not cause skin irritations
- The price of gold has risen more in the last 5 years, than it had in the 100 years prior
While the gold price may vary day to day, even hour to hour, purchasing jewellery that is either entirely made of gold or partially made of gold will be a good investment. Of course most people choose not to sell their gold, even when the value rises choosing instead to pass on special pieces through the family.
If you’re interested in some gold jewellery, or even having your existing gold jewellery valued, come in and see the team at Merimbula Jewellers. We can give you the gold price of the day, and help you with any purchase decision you are making.