Last week I attended a Gold Conference called: Gold Vision at Virtuosity, as a guest of the World Gold Council. The first speaker, Jack Ogden, jewelry historian, summed up what I already knew. Gold is the ultimate "green" material.
It doesn’t dissolve, corrode or shatter and because of its convenient melting temperature it can be melted down and used over and over again. Gold jewelry, vessels, and tools have survived thousands of years completely intact. Think of King Tuts’ tomb.
When I first started taking jewelry classes the instructors insisted we use only brass, copper or silver as these metals were inexpensive. In my head I knew this made sense, but after spending weeks, days and hours completing a ring, all I could think of was how much better it would have been in gold. Once I graduated to gold, I began working with 24k, 22k and 18k gold and never looked back. There is nothing like the look and feel of a piece of jewelry made with real gold. Which is why I continue to make my jewelry in 18k gold.
Fifty percent of all the gold currently in circulation is used for jewelry, forty percent is used for investment, and ten percent is used industrially. In many cultures gold jewelry is given to a new bride to not only welcome her into her new family, but as an investment for the newlywed’s future financial security. Gold has always had an intrinsic value.
I’m not a stock analyst, but buying a beautiful piece of gold jewelry seems like a good investment to me. I’m sure you’ll get a lot more compliments if you are wearing a gold necklace, earrings or bracelet than if you wore a stock certificate or a passport savings account book.