Over the last couple of years, there has been an increasing interest in diamond investment. This is mainly because investors are now beginning to realize the price of diamonds increases over time. However, some are still skeptical and are wondering whether they are worth the investment. One thing’s for sure, investing in diamonds can be more complex than traditional investment options, and the diamond market is not as transparent as one might expect. What’s more, is that buying or selling diamonds isn’t as simple as silver or gold. However, there are several pros of buying diamond jewelry as an investment. Here are a few:
1. They are Small in Size
Firstly, diamonds aren’t bulky like gold bullions. They were once used as a source of money transfer due to their portability and convenience. No matter how a diamond trinket may be, it can cost double or triple the price of gold. This means all kinds of diamond jewellery or any ornaments are an excellent investment option.
2. Easy to Store
Being small in size means diamonds offer great storability. This means you can store a diamond worth thousands of Euros in a small safe. Another important thing to remember is that diamond jewellery is a tangible investment, which is why many consider this a safer option as compared to stocks.
3. Highly Durable
Diamonds are one of the hardest rocks on the planet; you can rest assured that nothing will ever happen to them. Yes, they do require care and maintenance, but other than that, they are super durable and can be worn for years and years to come. If you are worried that you might lose your diamond, you can get it insured as well.