Gold Or Diamond Worth More

Since the value of gold is predictable and stable gold has more value than diamonds.

Gold or diamond worth more.

Well the truth is that both gold and diamonds have aesthetic value. This gem can be termed as a concentrated way to store wealth. 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. Oil is worth more than both gold and diamonds combined we rely on oil to power our economies.

Unlike oil the price of gold won t drop if the market suddenly becomes flooded with gold. Diamonds are not money. Normally diamonds are pricey. People will be keener to buy diamonds that are branded in the coming years.

If rubies and pearls are perfect they can be higher than the price of diamonds. A gold coin does not become useless or worthless just because it s form has been altered. Rubies diamonds and pearls are based on quality sometimes they price higher than the norm. The difference between gold and diamonds becomes a lot clearer now.

Diamonds are not money and diamonds are not currency. Therefore half of a gold coin is worth half of what a whole gold coin is worth. Gold is priced on quantity and workmanship. Gold has stood the test of time for thousands of years while diamonds only became a serious.

Diamonds on the other hand are a. Gold is worth more than diamonds diamonds do not have a universal absolute value whereas gold does.