She sold her wedding gold to buy expensive Hermès handbags. Is luxury fashion becoming the new gold?

A Dubai woman reportedly sold all of her wedding gold jewellery to begin collecting Hermès handbags, believing the luxury accessories would help protect her wealth. The case, shared by luxury resale company Love Luxury, comes amid growing interest in rare Hermès Birkin and Kelly bags as alternative investment assets. According to the company, geopolitical uncertainty and inflation concerns are driving more buyers toward luxury collectibles, although experts caution that handbags carry risks related to authenticity, condition and market demand.

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