Buying gold jewelry for investment is not a good idea. You get around 1/3 of the price you paid for it. The value in jewelry is only for gold scrap. So you get only the current scrap gold prices, which is usually a third of what you bought it for unless you keep it for 10+ years, with inflation and all, maybe you’ll get it for what you paid. Unless gold really skyrockets from the price you paid for the jewelry , like when it shot up from $800 up to 1600$ in a matter of months, you usually get much less than what you bought it for. But that rarely happens. It has been relatively stable at approximately $1200 for years already.
It is better to invest in scrap gold. You don’t pay for labor, designers, many middlemen, etc. . You get way more for a bar of gold than a peice of jewelry.
Not that my own opinion is shayach in my situation…I can’t pay $1000 now for a bar of now and have it lying in my attic for 10 years …