Economy
Should I Invest in Diamond Jewelry?
Jewelry made of diamonds has long been seen as a representation of class, wealth, and unfading beauty. Many people are enticed by the idea of owning exquisite diamond pieces, whether it’s on a sparkling engagement ring or a dazzling necklace.
However, when it comes to investing in diamond jewelry, one might wonder if it is a wise financial decision. It is crucial to comprehend the variables that affect diamond jewelry’s worth before adopting it as a form of investment.
This article will answer the question, “Should I invest in diamond jewelry” by stating why you should buy diamond jewelry, and the reasons why investing in diamond jewelry is a good idea.
Additionally, this post will discuss the factors influencing the investment value of diamond jewelry, the risks associated with investing in diamond jewelry, and the things to do before investing in diamond jewelry, to enable you to make an informed decision.
Let’s dive into the details right away!
Why Buy Diamond Jewelry?
Buying diamond jewelry is a good investment because diamonds have a timeless appeal that makes them highly sought after in the world of jewelry. Their exquisite beauty, durability, and rarity contribute to their high value. Owning diamond jewelry allows you to enjoy not only the aesthetic pleasure it brings but also the potential investment returns it may offer.
Diamonds are considered a store of value and have historically held their worth over time. Unlike other luxury goods that may depreciate, well-maintained and high-quality diamond jewelry can retain or even appreciate.
Reasons Why You Should Invest in Diamond Jewelry
Here are several compelling reasons why diamond jewelry is an attractive investment option:
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Diamond jewelry pieces are tangible and portable assets
Diamond jewelry is a tangible asset that you can physically possess and enjoy. Unlike other forms of investments that exist solely on paper or in digital form, diamond jewelry provides a sense of ownership and can be easily transported.
Check this catalog of mensweddingbands for a list of men’s wedding rings with gem engravings – like diamonds, which you can use for your engagement or wedding.
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Diamond jewelry has a long-term value
Diamond jewelry has shown a history of long-term value appreciation. Over time, high-quality diamond jewelry has the potential to increase in value, especially those that possess exceptional characteristics such as large carat size, excellent cut, clarity, color, and unique designs.
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High demand and desirability of diamond jewelry
Diamonds have a universal appeal and enduring demand. They are in demand for a variety of occasions, such as engagements, marriage ceremonies, anniversary celebrations, and many other events. The global demand for diamond jewelry ensures a robust market, which can positively influence the value of your investment.
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Diamond jewelry holds emotional and sentimental value
Diamond jewelry holds emotional significance and sentimental value. People can pass it down through generations, symbolizing cherished memories, family traditions, and important milestones. The emotional value associated with diamond jewelry adds an intangible aspect that enhances its worth beyond monetary considerations.
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Diamond jewelry pieces are rare and exclusive
The rarity and limited supply of high-quality diamond Jewelry contribute to their value. As the world’s diamond mines continue to deplete, the scarcity of these precious gemstones keeps driving up their prices.
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Diamond jewelry is a means of wealth creation through portfolio diversification
Including diamond jewelry in your investment portfolio can contribute to diversification. Diamond jewelry is an alternative asset class that has historically exhibited a low correlation with other financial instruments such as stocks or bonds. Diversifying your investment by investing in diamond jewelry can help you to reduce risk and potentially enhance overall portfolio performance.
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For personal pleasure
Unlike many other investments, diamond jewelry offers the opportunity for personal enjoyment. You can wear and showcase your investment, experiencing the beauty, elegance, and sophistication of diamonds firsthand.
Factors Influencing the Investment Value of Diamond Jewelry
Here are several key factors that influence the investment value of diamond jewelry;
Diamond scarcity
The rarity and scarcity of certain diamonds can drive up the value of diamond jewelry. Diamond jewelry pieces that possess exceptional qualities, such as large diamond carat sizes, flawless clarity, and vivid colors, are often highly sought after by collectors and investors.
Quality and craftsmanship of the diamond jewelry
The quality of a diamond, including its cut, clarity, color, and carat weight, plays a crucial role in determining the value of diamond jewelry. Additionally, the craftsmanship of the jewelry piece itself, including the design and setting, can enhance its desirability and worth.
Historical significance and provenance of the diamond jewelry
Diamond jewelry with historical significance or a notable provenance can hold significant value. Jewelry pieces worn by celebrities, royalties, or associated with important events often command higher prices due to their unique stories and cultural relevance.
Risks Involved in Investing in Diamond Jewelry
Even though diamond jewelry gives a good ROI (Return on Investment), it is vital to be aware of the risks involved in investing in them. Mentioned below are some of these risks:
The volatility of diamond jewelry prices
One risk involved in investing in diamond jewelry is price volatility. Due to a variety of circumstances, such as shifting dynamics between supply and demand, the state of the economy, and the market condition, the price of diamond jewelry might fluctuate. Bear that in mind before buying diamond jewelry for investment purposes.
Illiquidity and resale challenges
Compared to other investment assets, diamond jewelry can be relatively illiquid. Finding a buyer at the desired price and time may prove challenging. Additionally, the resale value of diamond jewelry may be lower than the original purchase price due to factors such as market conditions and changing consumer preferences.
Counterfeit diamond jewelry
The presence of counterfeit diamond jewelry in the market poses a risk to buyers. It is essential to purchase diamond jewelry from reputable sources and ensure proper certification to authenticate the diamonds’ quality and origin.
Steps to Take Before Buying Diamond Jewelry
To make an informed decision about investing in diamond jewelry, consider the following steps:
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Consult with diamond jewelry experts
Seek guidance from reputable jewelers, gemologists, or financial advisors who specialize in diamond jewelry investments. Their knowledge can assist you in navigating the market’s complexity and selecting diamond jewelry wisely.
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Conduct independent study and self-education
Take the time to educate yourself about diamond jewelry, its grading standards (4Cs), market trends, and the factors influencing its value. You can make more beneficial choices when purchasing diamond jewelry if you are well-informed and did your homework.
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Create a spending budget
Come up with a spending budget that is in line with your financial objectives and risk tolerance. Determine the amount you are willing to invest in diamond jewelry without jeopardizing your overall financial well-being.
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Establish personal preferences
Consider your or your partner’s (if you’re buying for her) personal preferences when selecting diamond jewelry. Investing in diamond jewelry that you genuinely appreciate and enjoy wearing can provide added value beyond financial returns.
FAQ
Can I sell diamond jewelry at a profit?
It is possible to sell diamond jewelry at a profit, but the resale value may be influenced by factors such as market conditions, the quality of the diamond on the jewelry, and consumer preferences. The timing and circumstances of the sale can also impact the potential profit.
Conclusion
Investing in diamond jewelry can be an alluring prospect, combining beauty, emotional value, and potential financial gains. However, it is crucial to approach diamond jewelry investments with careful consideration, research, and expert guidance.
By understanding the market dynamics, evaluating the quality and rarity of diamond jewelry, and assessing potential risks, you can make an informed decision when you want to invest in diamond jewelry.
By Adedapo Adesanya
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr Taiwo Oyedele, has said there are no discrepancies in the tax laws passed by the National Assembly and the gazetted versions made available to the public.
Last week, a member of the House of Representatives, Mr Abdussamad Dasuki, raised worries about the differences between its version and that gazetted by the presidency.
However, speaking on Channels Television’s Morning Brief on Monday, Mr Oyedele claimed what has been circulating in the media was fake.
“Before you can say there is a difference between what was gazetted and what was passed, we have what has not been gazetted. We don’t have what was passed,” he said.
“The official harmonised bills certified by the clerk, which the National Assembly sent to the President, we don’t have a copy to compare. Only the lawmakers can say authoritatively what we sent.
“It should be the House of Representatives or Senate version. It should be the harmonised version certified by the clerk. Even me, I cannot say that I have it. I only have what was presented to Mr President to sign.”
Mr Oyedele stated that he reached out to the House of Representatives Committee regarding a particular Section 41 (8), which states, “You have to pay a deposit of 20 per cent.”
He noted that the response given by the committee was that its members had not met on the issue.
“I know that particular provision is not in the final gazette, but it was in the draft gazette. Some people decided that they should write the report of the committee before the committee had met, and it had circulated everywhere.
“What is out there in the media did not come from the committee set up by the House of Representatives. I think we should allow them do the investigation,” Mr Oyedele added.
In June, President Bola Tinubu signed the four tax reform bills into law, marking what the government has described as the most significant overhaul of the country’s tax system in decades.
The tax reform laws, which faced stiff opposition from federal lawmakers from the northern part of the country before their passage, are scheduled to take effect on January 1, 2026.
The laws include the Nigeria Tax Act, the Nigeria Tax Administration Act, the Nigeria Revenue Service (Establishment) Act, and the Joint Revenue Board (Establishment) Act, all operating under a single authority, the Nigeria Revenue Service.
By Dipo Olowookere
A total of 55 equities appreciated last week on the Nigerian Exchange (NGX) Limited versus the 49 equities recorded a week earlier.
However, 33 stocks closed lower compared with 41 stocks in the previous week, while 55 shares remained unchanged versus 57 shares of the preceding week.
Leading the advancers’ log was Aluminium Extrusion, which gained 59.35 per cent to close at N12.35, Mecure Industries rose by 44.93 per cent to N55.00, First Holdco appreciated by 42.93 per cent to N44.95, Guinness Nigeria improved by 33.01 per cent to N289.70, and NPF Microfinance Bank grew by 20.65 per cent to N3.74.
On the flip side, Living Trust Mortgage Bank lost 11.38 per cent to settle at N3.35, Japaul declined by 10.53 per cent to N2.38, International Energy Insurance slipped by 9.92 per cent to N2.27, FTN Cocoa depreciated by 9.80 per cent to N4.42, and Stanbic IBTC went down by 9.33 per cent to N95.20.
The buying interest in the week raised the All-Share Index (ASI) and the market capitalisation by 1.76 per cent to 152,057.38 points and N96.937 trillion, respectively.
Similarly, all other indices finished higher with the exception of AFR Bank Value, and the energy indices, which fell by 1.38 per cent and 0.17 per cent apiece.
According to trading data, a total 9.849 billion shares worth N305.843 billion in 126,584 deals exchanged hands in the five-day trading week compared with the 4.373 billion shares valued at N97.783 billion traded in 110,736 deals a week earlier.
The financial services industry led the activity chart with 8.295 billion shares valued at N232.223 billion traded in 50,351 deals, contributing 84.22 per cent and 75.93 per cent to the total trading volume and value, respectively.
The healthcare space followed with 517.443 million shares worth N3.472 billion in 2,979 deals, and the consumer goods counter transacted 392.765 million shares worth N12.664 billion in 18,438 deals.
The trio of Ecobank, First Holdco, and Access Holdings accounted for 6.424 billion shares worth N204.629 billion in 11,362 deals, contributing 65.23 per cent and 66.91 per cent to the total trading volume and value, respectively.
By Adedapo Adesanya
The Nigerian Export Promotion Council (NEPC) has assured beneficiaries of the $50 million Women Exporters in the Digital Economy (WEIDE) Fund to expect the first tranche of grants in the first quarter of 2026, following the completion of ongoing capacity-building and compliance processes.
The assurance was given during a Town Hall Meeting for WEIDE Fund beneficiaries held in Abuja over the weekend. The gathering provided an opportunity to review progress made since the launch of the initiative in August 2025.
The $50 million WEIDE Fund is a global initiative by the WTO and ITC to empower women-led businesses in developing countries, especially Nigeria, by providing training, finance, and market access for digital trade, helping them grow from small enterprises to global players through support like grants and mentorship, as seen in its launch phase benefiting 146 Nigerian women entrepreneurs.
Speaking at the event, the chief executive of NEPC, Mrs Nonye Ayeni, called on beneficiaries to maximize the opportunities provided by the programme, emphasizing the progress made and the milestones achieved since its launch.
Mrs Ayeni said the engagement was meant to review the programme’s achievements, identify areas for improvement, and strengthen support for the beneficiaries.
“So, it’s time for us to get together at the end of the year to see how far we’ve gone, how well we’ve done, and what we need to do to make it better and support them more effectively through the WEIDE Fund,” she said.
Mrs Ayeni highlighted the significant capacity-building activities conducted for the 146 selected women entrepreneurs, noting that top-tier coaches and trainers had been deployed immediately after the official launch by the Director General of the World Trade Organisation (WTO), Mrs Ngozi Okonjo-Iweala.
“These coaches are exceptional. They’ve trained our beneficiaries in financial literacy, bookkeeping, soft skills, leadership, succession planning, and digital tools so they can compete globally,” she said.
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