How much would your gold be worth today if you bought it in 2018.

I believe you, like me, have often come across persistent recommendations to invest in gold or buy jewelry made of precious metals, in order to sell them at a higher price later.

You have probably also seen a lot of statements that you need to invest in gold because it is it that rises in price during a crisis or when the local currency becomes cheaper.

Gold price course from 2018 to 2020. Gold price course from 2018 to 2020.

Moreover, if you look at the chart of price growth for this precious metal over the past couple of years, you can see for yourself that gold is always growing in price (unlike, for example, the ruble).

However, gold and gold jewelry are completely opposite things, and how the price of precious metal jewelry changes during an economic downturn is not always known.

Fortunately, I have several examples of what the price of jewelry was in 2018. Thanks to this, we will be able to compare how much we would earn on these jewelry by selling them now. Also, I think it will be very interesting for us to know how much this gold would cost today if we bought it in 2018 and how much we could earn on its sale today.

An example of the price of a gold cross with cubic zirkonia. An example of the price of a gold cross with cubic zirkonia.

Let’s take as an example the cost of a gold cross with a cubic zirconia insert. Today it is 8,865 rubles for a product of 585 samples. At the same time, we note that at the time of publication of the article, the cost of an ounce of gold is about $ 1,750, while in 2018 it was at the level of $ 1,300.

It can be assumed that, like the metal itself, a cross made of it in 2018 was much cheaper. But is it really so?

The price of a cross with cubic zirkonia for 2018. The price of a cross with cubic zirkonia for 2018.

Fortunately, I still have data on the price of the same cross in 2018. As we can see, although gold then cost much less than today, the price of a cross made of it in the 18th year was much higher.

9102r the cost of the same cross in 2018.

Despite the fact that gold was then cheaper, products made from it were sold more expensive and if you bought such a cross for 9102 rubles two years ago, you would not only not earn, but also lose about 237 rubles by selling it today.

Gold earrings with cubic zirkonia. Gold earrings with cubic zirkonia.

Or here’s another example — gold earrings with cubic zirkonia. The cost for 2018 is 9613 rubles. About 3,500r per gram.

What is their price tag today, you can see on the official website of the store.

PS: It is important to understand that jewelry made of precious metals, unlike gold itself, may not rise in price during a crisis, but, on the contrary, show a price drop. In order not to burn out on their purchase, you should always compare prices and choose a reliable seller offering a lower cost. To do this, you can use various coupons, discounts on promotions and the like. Happy and profitable shopping)

Gold jewelry that I will never buy and do not advise you to.
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