Gold Or Diamond Worth More

Rubies diamonds and pearls are based on quality sometimes they price higher than the norm.

Gold or diamond worth more.

Gold is worth more than diamonds diamonds do not have a universal absolute value whereas gold does. Diamonds are not fungible. The difference between gold and diamonds becomes a lot clearer now. Diamonds on the other hand are a.

This gem can be termed as a concentrated way to store wealth. Oil is worth more than both gold and diamonds combined we rely on oil to power our economies. Gold has stood the test of time for thousands of years while diamonds only became a serious. Normally diamonds are pricey.

If rubies and pearls are perfect they can be higher than the price of diamonds. Since the value of gold is predictable and stable gold has more value than diamonds. Gold is priced on quantity and workmanship. Well the truth is that both gold and diamonds have aesthetic value.

Unlike oil the price of gold won t drop if the market suddenly becomes flooded with gold. 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. However if you compare diamonds and gold then this gem can be considered more portable. Diamonds are not money.

People will be keener to buy diamonds that are branded in the coming years. A gold coin does not become useless or worthless just because it s form has been altered.