Gold Or Diamond Worth More

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.

Gold or diamond worth more.

Gold has stood the test of time for thousands of years while diamonds only became a serious. Gold is priced on quantity and workmanship. Gold is worth more than diamonds diamonds do not have a universal absolute value whereas gold does. Therefore half of a gold coin is worth half of what a whole gold coin is worth.

The difference between gold and diamonds becomes a lot clearer now. Unlike oil the price of gold won t drop if the market suddenly becomes flooded with gold. Diamonds are not fungible. Well the truth is that both gold and diamonds have aesthetic value.

Diamonds on the other hand are a. However if you compare diamonds and gold then this gem can be considered more portable. Since the value of gold is predictable and stable gold has more value than diamonds. Diamonds are not money and diamonds are not currency.

Diamonds are not money. This gem can be termed as a concentrated way to store wealth. Rubies diamonds and pearls are based on quality sometimes they price higher than the norm. Oil is worth more than both gold and diamonds combined we rely on oil to power our economies.

Gold is rare but diamonds are not. People will be keener to buy diamonds that are branded in the coming years.