Storing Wealth in 24k Gold Jewelry

24k gold jewelry - 1 troy ounce bracelet

Using 24k gold jewelry as a store of wealth has benefits over traditional precious metals investments such as coins and bars.

Customs and border agents receiving training in identifying gold coins and bars as a way of concealing wealth. Typically, gold jewelry can be worn or packed in a carry-on bag and goes largely unnoticed.

Because it’s pure gold, 24 karat gold jewelry holds its value relative to gold spot price.

Gold Jewelry as an Investment – 24k Gold Jewelry

24k gold jewelry - 1 troy ounce bracelet

Just as with other forms of precious metals, such as coins, bars and rounds, investing in 24k gold jewelry makes practical sense. Jewelry made from 24k gold makes an excellent store of wealth. The value of the jewelry is not diluted by outrageous retail markups and the use of alloys to reduce the purity.

Anyone crossing international borders is required to declare any financial instruments valued at over $10,000. Jewelry made from 24k gold isn’t a financial instrument and in most cases does not need to be declared when traveling internationally. It’s possible that an individual could carry more than $10,000 worth of 24k gold jewelry while traveling.

Bullion Jewelry Is Smart and Sound Holiday Gift

24k gold jewelry - 1 troy ounce bracelet

During the holiday’s many people give the gift of jewelry to their loved ones. Fine jewelry is typically made of allows of gold, platinum or silver and often carries a very high premium over spot price when factoring in the purity and weights. Bullion jewelry is a smarter choice for anyone interested in wealth preservation. … Read moreBullion Jewelry Is Smart and Sound Holiday Gift