Investing in Singapore Gold Jewellery.

Is it just me, or are you daydreaming about gold jewellery, too? Singapore, as a popular hub for gold, offers so many golden opportunities for investors looking to diversify and expand their portfolios. Among these, Singapore gold jewellery has been a staple in investments worldwide due to its versatility and undeniable beauty. For all the gold lovers out there Starlight Jewellery will be talking about everything you need in your toolkit for investing in gold jewellery in Singapore.

Throughout history and its most difficult times known to mankind, gold jewellery has proven to be a trustworthy and reliable investment, among other assets. This is because gold jewellery retains that unique power of increasing its own value coupled with its ability to multiply monetary worth in the long run. The main factor that makes investing in gold jewellery a wise decision is the easy affordability. You can go read our article about this if you want to know more about the gold price in Singapore.

Understanding Singapore Gold Jewellery as an Investment.

Factors contributing to the investment value of gold jewellery.

The expression “This is gold!” is not just heard in a jeweller's design shop but everywhere, referring to different things from a sweet deal to adding to your shopping cart, a great job opportunity, to a piece of really good news. The word gold in itself carries the meaning of being valuable and precious.

Gold jewellery in Singapore is immeasurable as an investment for a number of reasons.

• The high standards for gold jewellery in Singapore can guarantee you get to invest in certified purity.
• Hallmarking such as 916 and 750 are a direct indication of certification of quality and value of gold jewellery.
• The country has inherently talented jewellers who incorporate the rich diversity and their creativity into mesmerising craftsmanship.
• The cultural symbolism associated with Singapore gold jewellery

The Singapore Bullion Market Association says that as a rare precious metal, gold can be scarce in the future therefore increasing in price making it an extremely safe investment. Scientific research says at the rate gold is being sought after and used currently, gold reserves in the world will be finished by the year 2050. This also amps up the hype for limited edition pieces of gold jewellery which tends to be on the high market value.

Distinguishing Investment-worthy Gold Jewellery.

While all gold jewellery is definitely easy on the eyes, there are specific Singapore gold jewellery that is fit for an investment in the long term. When you are looking to purchase gold jewellery as an investment, there are certain things you can pay attention to make sure your choices are worth your money.

• Hallmarking from the SAO (Singapore Assay Office) as a certification of authenticity.
• 916 gold jewellery (22 karat), which has the perfect balance of durability and versatility.
• Classic designs can be timeless when you want to keep wearing them ten years down the line. Trends come and go, therefore choose mindfully when investing in hot trends.
• If you are investing in gold jewellery with future resale in mind, go for designs that are not likely to be outdated in a couple of years.
• Better to avoid lower karat weights as they will not be as reliable as higher weights as an investment.
• While it is crucial to consider these factors when choosing, do not forget to choose Singapore gold jewellery that you find beautiful as well.
• It is advisable to consult a professional jeweller for their opinions on what gold jewellery is best for investment as they have up-to-date knowledge on the topic as well.

Investing in Gold Jewellery: A step-by-step guide

Setting your investment goals.

The first step in any important process is goal-making. Having a vague idea could be helpful, but when you define and refine your goals before investing in gold jewellery, you can make a sharp decision that will make you more likely to reach your goals in the long term. One way to ensure this is making SMART goals. If you haven't heard before, SMART goals stand for,

• Specific: narrow down what you want when investing
• Measurable: choose goals that you can measure the progress with time
• Achievable: keep them high but realistic
• Relevant: choose gold jewellery that fits your investment purpose
• Time-Bound: have an idea of when you can reach your investment goals

Researching and budgeting for your gold jewellery investment.

Your ideal investment should be something that makes you feel secure, exciting and comfortable. This includes planning out how much you are capable of spending on an investment at the moment without spreading yourself too thin.

You can start by window shopping for your gold jewellery investment to see what your best options are, what the current trends are in investing in gold jewellery in Singapore and which are high risks to avoid.  You can get a consultation from your jeweller, read industry publications and read articles on trustworthy jewellers' websites.

When you do research before diving into the pool of gold investment, you can map out your budget more realistically so that you are spending a sufficient amount to secure a reliable future with gold jewellery.

Choosing the Right Jeweller.

Selecting a professional whom you trust with your whole soul is a must when choosing gold jewellery to invest in. While you may think that gold is hard to fake, there is ingenuine gold jewellery out there. This is why finding a reputed jeweller is important to ensure that your purchases are authentic and worth your money.

The more reliable your jewellery is, the higher the amount of learning you can go through regarding investing in gold jewellery. Once purchased, you can also make sure your gold is well taken care of, regularly maintained and well-cleaned, in the long run to keep your investment looking its best.

Making an informed purchase.

Finally, do not be afraid to ask questions, doubt information and compare what you know from different sources. Making an informed decision will give you the full power to make a smart investment in gold jewellery.

You can even ask your friends and family who have already invested in Singapore gold jewellery and incorporate that into your decision-making. Therefore, try to get informed about options, prices, weight, durability, hallmarking, versatility and even at-home cleaning, maintenance and storage of your gold purchases.

Caring for your gold jewellery investment.

The process of buying gold jewellery as an investment does not stop after you bring it home. Gold jewellery should be properly maintained and taken care of to ensure their youth is preserved, which will seal the value of your investment long term.

Cleaning: use lukewarm water and mild dish soap to clean your gold jewellery every two weeks to keep its shine. After cleaning, make sure to pat dry your gold with a soft clean towel.

Storage: Your gold jewellery will be on its best behaviour when stored in a safe clean dry space at room temperature. You can use silica packets to absorb extra moisture in your storage space whether it is a jewellery box or a drawer. You can even buy a safe storage space if you don't plan on wearing your gold jewellery soon.

Products and services offered by Starlight Jewellery.

As a trustworthy supplier of Singapore gold jewellery to gold-loving customers worldwide, we have a wide collection of mesmerising gold jewellery within a wide range of prices for you to choose from. Our skilled, dedicated, and ever-creative professionals make sure that you get only the best gold jewellery of high quality and value.

On top of that, you can consult us on any information you want to know about our products and our services. Before you go ahead and invest in Singapore gold jewellery we invite you to research and do a little window shopping on our beautiful gold jewellery collection. Learn more about Starlight Jewellery.

In Conclusion,

Your choice to invest in gold jewellery in Singapore should not be an overnight decision or one you make just to get it over with. By considering factors like karat weight, hallmarking, type of jewellery, choosing a reputed jeweller, doing your research, budgeting, making SMART goals, and even learning how to provide the best care for your gold jewellery can guarantee you get a good run for your money and simultaneously fill your heart with joy.

At the end of the day, you should be happy and comfortable with your choice of gold investment, gaining a secure future in your gold and a diversified investment portfolio for the long term.