Investing in gemstones requires a good understanding of the industry and the specific gemstones in question. Without proper knowledge, there is a higher risk of making poor investment choices. Gold, on the other hand, is relatively straightforward to invest in. When investing in gold, you generally don't have to rely on a third party for the physical asset. With gemstones, there may be a need for third-party certifications and evaluations, which can introduce counterparty risk.

Investing in gemstones requires a good understanding of the industry and the specific gemstones in question. Without proper knowledge, there is a higher risk of making poor investment choices. Gold, on the other hand, is relatively straightforward to invest in. When investing in gold, you generally don't have to rely on a third party for the physical asset. With gemstones, there may be a need for third-party certifications and evaluations, which can introduce counterparty risk.