Does Gold Jewelry Increase in Value?

The moment you drive a new car off the lot, its value drops like a rock. Designer clothes second-hand will never be as expensive as retail.

Oh, and that slick new laptop you just got? You won’t break even if you sell. Over time, most things will reliably lose value – but fine jewelry isn’t like most things.

Jewelry, like fine wine, only gets better with age. While the prices of precious metals go up and down over the years and even from day to day, your gold jewelry is likely to appreciate in value.

Its price is determined by its value as a commodity as affected by supply and demand, its level of purity and, in some cases, its color, as well as other market conditions such as the strength of the U.S. dollar (a weaker dollar drives up the price of gold) and the number of other buyers. Shop the Best Gold Jewelry in Upper Saddle River, NJ at F. Silverman Jewelers

What to Know About the Purity of Gold

One of the key factors which can influence how much your gold is currently worth and how much it will gain in value over time, is the karat, not the carat, of the gold.

Confusing Karat for Carat

Doing this will be make you look like a fool who knows nothing about jewelry. Karat is the purity of gold whereas carat is the weight of a diamond or other gemstone. If your gold jewelry is studded with gemstones, you will want to check the karat and the carat.

Karat refers to the purity of gold. When your gold jewelry is 24k, that also means it’s 100% pure, the highest level of purity — and the highest quality. In the case of 18k gold, it’s 75 percent, and for 14k gold, it’s 58.3 percent.

If you’re considering purchasing a piece of gold jewelry as an investment and are interested in selling when the value increases, choose 24k, which is the most valuable and will bring you the largest return on investment.

But 24k gold jewelry is uncommon due to the fact that it’s relatively soft and not durable (especially when it comes to even small things like clasps). That’s why it’s almost always mixed with other metals. If you’re going to be wearing your investment pseudo-jewelry, select pieces that are 18k gold or gold alloy.

How the color of the gold may affect its value

You might have observed that gold jewelry comes in various shades. Here’s a quick look:

·         Yellow Gold – The most typical gold version. But remember, not all things gold colored are actually made of gold.

·         Rose gold – Gold in rose gold jewelry has a beautiful pink tinge.

·         Green gold – You don’t often find green gold in jewelry stores. It’s usually made in labs.

·         White gold – White gold is almost silver but it is shinier and also stronger.

Yellow and rose may be roughly the same price. Whether rose gold will also become a trend depends on the latest trend and how much it is requested.

If rose gold is in vogue at present, pieces in that metal may be worth slightly more money.

Green gold is expensive and can cost more than yellow or rose. White gold is also a bit pricier than yellow and rose – it was very popular in the ’90s.

As white gold is rhodium plated and is made to be more durable, the plating is going to worth more. But it may not be worth as much if the rhodium plating is in bad shape (it does wear off).

Shop Our Beautiful Gold Jewelry in Santa Fe, NM

Gold jewelries are a beautiful investment, a medium like no other. When you visit Luna Felix Goldsmith, you can expand your fine jewelry collection. Our selection of gold jewelry in Santa Fe, NM features beautiful pieces by our designer Luna Felix.

Discover our gold bracelets, gold earrings, gold necklaces and pendants, gold rings and more. We also do Jewelry Repair and Custom Jewelry Design.