Gold Or Diamond Worth More

Gold is priced on quantity and workmanship.

Gold or diamond worth more. Oil is worth more than both gold and diamonds combined we rely on oil to power our economies. Therefore half of a gold coin is worth half of what a whole gold coin is worth. Well the truth is that both gold and diamonds have aesthetic value. If rubies and pearls are perfect they can be higher than the price of diamonds.

Diamonds are not money. Gold has stood the test of time for thousands of years while diamonds only became a serious. People will be keener to buy diamonds that are branded in the coming years. Diamonds are not fungible.

Normally diamonds are pricey. In order to produce any minable concentration of gold that could be of market value the gold deposit would have to be 1 250 times more concentrated she said. Rubies diamonds and pearls are based on quality sometimes they price higher than the norm. Unlike oil the price of gold won t drop if the market suddenly becomes flooded with gold.

Since the value of gold is predictable and stable gold has more value than diamonds. This gem can be termed as a concentrated way to store wealth. Gold is rare but diamonds are not. Diamonds on the other hand are a.

A gold coin does not become useless or worthless just because it s form has been altered. Gold is worth more than diamonds diamonds do not have a universal absolute value whereas gold does.