Investing in gold jewelry can be part of a diversified strategy, but it should not be the primary investment focus. Gold jewelry is more of a store of value and a hedge, but it doesn’t generate income or offer the growth potential that stocks or real estate can provide. To make the most of your investments, it’s essential to balance your portfolio with a mix of assets that work together to meet your financial goals, risk tolerance, and time horizon.

If you want to invest in gold as a way of diversification, consider gold coins, bullion, or gold ETFs as more efficient alternatives. Jewelry, while beautiful, should likely be viewed more as a personal asset than a purely financial one.