Gold and Diamon Jewelry are popular all over the world. These pieces of jewelry have always been in demand and have always been the top choice for people when it comes to giving their loved ones an expensive present.
Buying gold or diamond Jewelry is going to cost you a lot of money. Diamonds and gold are already quite expensive. When they are used to create different jewelry designs, they become even more expensive.
This is why we recommend buying wholesale gold and diamond.
If you have never purchased gold and diamond at wholesale prices, then this article is for you.
Where Is the Cheapest Place in The World to Buy Diamonds?
India is considered to be the cheapest marketplace in the world when it comes to buying diamonds. Other countries include China, Thailand, Dubai, and Belgium. Most of the diamonds in the world are cut in these countries. So, these places would be great for buying wholesale diamonds.
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What is Diamond Jewelry Wholesale?
The diamond and gold jewelry wholesale market works the same way in theory as the standard wholesale market.
What this means is, the wholesaler buys the gold and diamonds in bulk from a cutter and when you buy them loose diamonds or gold from the wholesaler, they are able to offer you much bigger discounts on the price.
Wholesale diamonds are raw and pure diamonds without any kind of services or cutting done on them. Once you buy the jewelry, you’d need to take it to the service from where you want to make the custom jewelry out of the loose diamonds and gold.
Where Can I Buy Wholesale Diamond Jewelry?
There are a lot of wholesale gold jewelry supplier companies out there that you can go to purchase wholesale diamond and gold jewelry. You just need to make sure that the supplier that you are going for is GIA certified and they have a good market reputation.
Benefits of Buying Wholesale Gold and Diamond
1. No Need to for a Middleman
Purchasing diamonds and gold from a wholesaler eliminates the need for a middleman and the expenses associated with it. You get to buy the jewelry at much lower rates this way.
Although you still need to spend money on converting the loose diamonds to wearable jewelry, the overall expenses would be much lower than what you’d have to face if you have bought the jewelry from a retailer.
2. Bigger Variety to Choose From
A retailer is going to show you only the available and premade designs and shapes for the diamonds. A wholesaler has a bigger collection of shapes and sizes for diamonds and gold that you can go for. You can choose from various stones the ones that work the best for you.
So, you have a lot more options if you go with the wholesale gold and diamond provider. You can find the stones and gold that work the best for you in your budget.
3. Original and Authentic Gold & Diamond
With loose diamonds and gold, you can be sure that you are spending your money on original and authentic stones. You need to choose a company that has a good name in the market for selling original products.
By the time diamonds reach a retailer, they already become less pure, and you never know the kind of processes that the retailer has done on them that may have affected the purity of diamonds.
4. Best Value for Money
Wholesale gold and diamond offer you the best value for your money in that you can have any custom jewelry design made as per your requirement. Plus, the money you spend on it would be much less than what you’d spent buying jewelry from a retailer. When it comes to getting the best value for your money, buying from wholesalers is your best option.
How Much Do Diamond Wholesalers Make?
It varies from place to place. On average, if a wholesaler sells diamonds to a retailer, they get about 20 percent profit on the average per deal. The profit margin is lower when a wholesaler sells to another wholesaler. It is in the range of 1 to 15%.
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Last update on 2023-08-10 / Affiliate links / Images from Amazon Product Advertising API