To understand mankind’s attraction to gold, we must look back through the ages. Gold played a key role in the world’s greatest and most advanced civilizations, like the ancient Egyptians and the Aztecs. Here is more information about the history and background of gold:
The History of Gold
The ancient Egyptians regarded gold as a symbol of immortality, a belief likely rooted in their worship of the sun and the metal’s enduring luster. Consequently, gold was used extensively to decorate significant royal structures and artifacts, such as temples and tombs. While the Aztecs used gold for ornamentation, they didn’t value it to the same extent as the Spanish did and that’s why the metal became the single most important reason for the exploration of the Americas.
Throughout history, gold has also been tied to our monetary systems, a term known widely as “the gold standard.” The system was developed in the 1700’s but in the United States, it only became formalized in 1900. This system basically linked a country’s currency to a fixed quantity of gold, and later to the U.S. dollar, which was fixed. In 1971, President Richard Nixon ended the gold standard in the United States, and gold was allowed to be freely traded as a commodity. Since then, the metal has had its share of ups and downs.
The Economic Value of Gold
Most recently, geopolitical events — such as armed conflicts, political and economic uncertainty, and even the 2020 pandemic — have driven investors toward this commodity as a safe haven, pushing its price to record levels. Where gold will end up in the future is anyone’s guess, but one thing has risen along with its price: its perceived value. While gold has long been viewed as an investment in cultures such as those of India, China, and the Middle East, it has not held the same role in Western societies for much of modern history. However, this trend appears to be changing.
There are a few things that gold has going for it. First off, as a metal, it doesn’t tarnish or oxidize. Unlike silver or copper, left untreated, gold will not change in color. Second, its value has increased nearly tenfold over the past 20 years, a level of growth not seen in the preceding 20-year period. Third, it has been welcomed back into the circles of fashion with open arms. Today, editors and fashion elites are now wearing yellow gold jewelry, and every major designer brand has a fine jewelry line comprising yellow gold pieces.
The Investment Appeal of Gold
So now, after learning the history and seeing how gold continues to appreciate and gain value over time, you are ready to invest in some gold jewelry. You may be wondering, “Where should I begin?” Start with a trusted jeweler —one your family may have used or that is in your community. Often, they are a great resource and will be very fair with prices, and are highly knowledgeable. Don’t rely on big luxury brands; often, their prices are highly inflated for what you get. Research various companies online, and see what designs speak to you most, because you should actually want to wear the pieces you invest in to get the biggest bang for your buck.
The Classic Gold Styles To Try
What are some classic styles to look for when buying a piece of gold jewelry? These pieces can easily complement any wardrobe and work for both casual and formal occasions. Here are some great ideas to add to your collection:
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14K Diamond Venetian Cuff Bangle: Featuring a mix of classic gold and beautiful diamonds, this bangle is an ideal statement or stacking piece that elevates any outfit with its timeless Venetian-inspired design.
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14K Gold Italian Cable Diamond Bangle: For the individual who prefers minimalist, delicate jewelry, this piece offers delicate gold twists with classic diamonds.
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14K Gold Polished & Twisted Link Bracelet: Make a statement with an eye-catching chain bracelet featuring a mix of polished and twisted links that add texture and dimension.
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14K Polished and Italian Cable Hoops: With a polished center and delicately sculpted edges, these statement gold earrings bring a modern twist to classic elegance.
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14K La Romana Cable Link Necklace: The polished and textured gold oval links in this necklace provide visual interest and a structured design.
Invest in Gold Jewelry Today
Gold has captivated civilizations for thousands of years. Its enduring appeal extends beyond aesthetics: gold has played a central role in monetary systems and remains a reliable investment during times of global uncertainty. Unlike other metals, it resists tarnish, retains value, and has surged in popularity in fashion and fine jewelry. Invest in high-quality gold jewelry today to combine elegant pieces with long-term value.