Why Investing in Gold During Diwali is a Smart Choice Over Diamonds

Buying gold during Diwali is considered lucky so people buy gold during the auspicious occasion.

While a few prefer gold, others like to buy diamonds and silver. However, experts prefer that investing in gold is a better option.

Gold has government certification that guarantees its quality, but diamonds do not have a clear certification system.

Moreover, gold is recognised as an asset, while diamonds often have uncertain resale values.

At present, diamond prices are falling, making gold a safer investment.

Gold has steadily increased in value over the years, making it a reliable choice for investors.

Unlike diamonds, gold can be sold easily and can also be used as collateral for loans.

Diamond jewelry is beautiful but can be expensive, and it may not always be a good investment.

The rise of lab-grown diamonds has also affected their value.

If you’re looking to invest, gold is the better option. However, if you love the beauty of diamonds, they can still be a great choice for many.