How to Gift Gold Or Silver to your Loved ones?
Want to gift something thoughtful to someone that stands the test of time? If so, nothing compares to Gold or Silver. It is an enduring way to show your appreciation and love for someone special. These precious metals are also seen by many investors as exceptional stores of value, especially during times of economic instability. Additionally, they have a track record of holding their worth, offering relative stability compared to other investments. Plus, there's the undeniable excitement of owning something rare and valuable.
You will be surprised to know that the UAE's Gems & Jewelry Market is expected to experience a substantial growth rate, with a projected CAGR of 6.53% between 2023 and 2027. In 2021, the market was valued at USD 7.28 billion and is poised to reach USD 10.71 billion by 2027, driven by rising demand for fashion jewellery and high-value gemstones. So, if you're considering the purchase of gold or silver jewellery, you are not alone.
Choosing The Right Gift
As you must have understood how valuable these precious metals are, let’s take a look at the several options for you to gift them to your loved ones.
Bullion or Coins
Before venturing into purchasing the bullion or coins, make sure to only visit a licensed retailer. Browse their selection and go through all the information like price, weight and quantity.
Once you have made the choice, make the purchase and consider delivery and insurance costs. You can utilise a precious metals storage facility to safely store the bullion or coins in a secure place until it's time to give the gift.
Jewellery made with Gold or Silver is a long-lasting gift that can be an asset to the person you are gifting to. However, be cautious, as pieces labelled with gold or Silver may vary significantly in purity. If you wish to gift Gold or Silver with a personalised touch, you can visit customised jewellery designers in Dubai. They can work on your ideas and offer you brilliant samples.
It's essential to remember that gift recipients should have a safe place to store their precious metals securely. As you make your purchase as a heartfelt gesture, it is still crucial to be aware of the potential tax implications. You can discuss that with either the dealer or tax officer yourself.
Delve into the World of Precious Metals with AB Metals!
For gifting precious metals in a way that reflects your pure intentions, you can connect with the customised jewellery designers in Dubai at AB Metals. The artistry and the craftsmanship showcased by our artists will definitely impress you to the core. With us, you can also indulge in physical trading and investment and can find storage solutions. So, connect with us now to know more!