Akshaya Tritiya 2023: This Akshaya Tritiya, invest in colored gems instead of gold

Sidharth Malhotra and Kiara Advani got married on 7 February. Kiara wore a beautiful layered diamond and emerald necklace.

During the recent economic downturn, many colored gemstones appreciated in value as investors sought an alternative source of wealth and a safe investment.

Colored gems are always in vogue and present a wonderful means of enhancing one’s appearance. Nevertheless, their appeal extends beyond aesthetics, with a growing number of people viewing these exquisite gems as a sensible investment option. While traditional investment avenues such as the stock market, real estate and business partnerships may come to mind, investing in colored gemstones can be an immensely gratifying experience. Although the market value of gems can experience a decline during recessions, they tend to be less volatile than the stock market. In fact, during the recent economic downturn, many colored gemstones appreciated in value as investors sought alternative sources of funds and safe investments.

Milind Mathur, Director, Kohinoor Jewellers, Agra and Rohan Sharma, MD, RK Jewelers South X-2 share things to keep in mind while investing in colored gemstones

  1. don’t look for perfection
    Everyone craves perfection, especially when investing their money in something. Yes, the right gems make the best investments, but that doesn’t mean one shouldn’t consider gems that aren’t right. It may be true that they don’t fetch the highest value when someone decides to cash in on their investment, but high-quality gems—even if they’re imperfect—will increase in value and attract interested buyers. You should keep an eye on the market trends and also find out which inclusions are acceptable and which are not.
  2. veracity
    Authenticity is one of the major concerns when investing in gemstones. Counterfeiters are experts in creating an artificial gemstone that can look exactly like the genuine one, therefore, an expert opinion is highly recommended. Always ensure that a certificate from a trusted gemological institute is presented before purchase. Beyond that, follow your intuition, and if something seems suspicious, refrain from buying it.
  3. color recognition
    When investing in colored gemstones, color obviously plays the most important role. Therefore, it is important to ensure that the color of the gems is pure and that there is no mixture of colours. For example, in the case of a blue gemstone, one should know that the color varies from blue to green. Before investing it is advised to note some basic facts, such as the color of a gemstone is based on its hue, saturation and tone. One should always first check the tone and saturation, which should be higher; So that, the color comes out better and purer.
  4. value and growth
    It is important to understand why colored gems persist and also increase in value. The top reasons are because they are beautiful, unique and everyone wants one. Proper research should be done before deciding to invest in colored gems, such as what are the recent valuations, how unique is it, and all the factors that can affect its future valuation.
  5. shop and compare
    It is always advisable to shop for a gemstone rather than stopping at your first choice. You never know if you might find something even better at your next stop. Plus, pricing is subjective, so shopping around can actually be beneficial.

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