How well will a gold ring retain its value?

I'm planning on purchasing a gold ring (possibly white gold) soon, and I'm just curious as to how well it will retain its value over time. For example, if I chose to sell the ring in two or three years, how much of the original value might I be able to recover?How well will a gold ring retain its value?
It's hard to say. A gold ring derives some of it's value because of the gold content. If the ring contains, say, 0.25 troy oz of 24K gold and gold is selling for $960/troy oz., then the ring contains about $240 worth of gold. Of course, the ring is not a lump of gold, it has been cast and formed and polished into a thing of beauty. Some of the value of the ring is derived from the art that goes into it.





Gold prices can go up or down. In inflationary times, such as we have right now, the price of gold increases as the dollar becomes more worthless. So to some degree, the gold ring may actually appreciate due to the rising price of gold. It could possibly decrease too, but unlike the dollar, it will never become worthless. If you just want to invest in gold, buy Krugerrands or maples or eagles, you will only pay a small percent over spot price. They are easy to sell, because people know what they are. If you plan to sell the ring, get a description of it's composition (18K? 20K?) and an accurate weight.





You can track the price of gold online, it changes every day:





http://www.kitco.comHow well will a gold ring retain its value?
Kudos to computer guy for his information-


However... it is common for a retail jewelery store to mark-up a piece of jewelery by as much as 300%.


In my experience as a dealer in such items, it is fairly common practice to go by this rule- if you paid $1,000 for a piece of jewelery, you should not expect more than $333.00


if resold to anyone else. More likely $250.00


To get your best resale value you may want to consider purchasing your jewelery as ';scrap'; on a site such as e-bay,


Which seems to correspond very closely with actual gold values.


Doing this will allow you to retain as much as 90% of your original purchase price upon resale.


When buying jewelery at retail you will NEVER retain an ability to recover your original investment. Never.
I agree with computer guy, a great answer. Jewelry will fluctuate slighty because of its precious metal content but can also loose value due to design and shape etc as fashions change year to year. Stick to plain gold as an investment. But at the moment you would be buying at a peak in gold prices so it may take some time for a return .
it depends on the price of the metal. It's just like real estate 3 years from now it might be worth 5x the value. You can check prices for gold rings direct from the manufacture so you know prices before retail at weddingbanddirect.com
why would you buy it in the first place if you were just gonna sell it in a few years...everything loses value sooner or later
you will not get what you payed for on anything you purchase