Gold jewellery is attractive and a favourite for most Singaporeans. The choice of gold jewellery often falls into two categories: regular wear jewellery and gold jewellery for occasional wear. When it comes to investment, it may have different meanings for different people because some people still want high-quality Singapore local jewellery for everyday wear.
If you’re buying gold jewellery with a primary investment goal, here is how to identify the best gold Singapore local jewellery brand. Considering options from a trusted Singapore local jewellery brand like Simone Jewels ensures that your investment prioritises both quality and long-term value.
Hallmarking By SAO (Singapore Assay Office)
The Singapore Assay Office (SAO) was established in 1979 and is a division of the Singapore Test Service. Its sole responsibility is to hallmark precious metals. It checks the purity of gold, silver, and platinum sold by a Singapore local jewellery brand.
If you’re looking for investment-worthy gold jewellery in Singapore, look for pieces with SAO certification and hallmarking.
Karat Count
You cannot overlook the karat count (K or kt) when investing in gold jewellery. This measurement signifies the purity of golf. It shows the percentage of pure gold in the jewellery on a scale of 0 to 24.
- 10k gold: 10k gold jewellery is 41.7% pure gold or 10/24 karats. 10k gold jewellery from a Singapore local brand is affordable and great for everyday wear. Unfortunately, it has less value than gold jewellery with higher karat options. It is also not corrosion-resistant, making it a poor investment option.
- 14k gold is 14/28, or 58.3% pure gold. 14k gold jewellery is an excellent balance of durability, affordability, and purity. It is also versatile. Because of this balance, most people opt for 14k engagement rings when they visit Singapore local jewellery stores. It is better than 10k gold as an investment, but jewellery of higher karats is better.
- 18k gold: 18/24 or 75% gold. The remaining 6/24 (25%) is other metals. This jewellery is considered high-end. It is expensive, durable, high-value, and a great investment choice.
- 22k gold: Also known as 916 gold (91.6% pure gold), 22k gold jewellery is high value and comparable to 24k gold. The only difference is the presence of other metals (8.4%), which improve its durability. However, this Singapore local jewellery brand is still unsuitable for everyday wear.
- 24k gold: This is the purest form of gold jewellery, with 99.9% gold. Other metals only represent 0.1%. This jewellery is excellent for investment because it holds its value, is rare, and is entirely corrosion-resistant. 24k jewellery is rare because it is highly malleable, scratches easily, and gets easily deformed.
Gold jewellery for everyday wear is best if it has alloys of other metals. 24k gold is usually used for high-end home decor, gold bars, and bullion coins. It is rarely used for jewellery because it is highly malleable. If you’re concerned about affordability and value when investing in gold jewellery, 14k and 18k gold are ideal.
Classic Designs
Some Singapore local jewellery designs are timeless, and you should choose these when investing in gold jewellery. Choosing a trendy design that will be hard to sell a few years from today is counterproductive.
Gold jewellery ceases to be a good investment if you fail to sell it at a reasonable price simply because buyers no longer care about the design. If you plan to sell the jewellery in the future, always choose designs that are unlikely to be outdated.
These tips will help you make the right decision when investing in gold jewellery. You should also ask a professional for guidance when you visit a Singapore local jewellery store. The advantage of working with an expert is you’ll get up-to-date information on gold jewellery investment. Working with a reliable Singapore local jewellery brand like Simone Jewels provides professional insights into investment-worthy gold jewellery, helping you make informed choices.