Gold Or Diamond Worth More

Unlike oil the price of gold won t drop if the market suddenly becomes flooded with gold.

Gold or diamond worth more.

Since the value of gold is predictable and stable gold has more value than diamonds. A gold coin does not become useless or worthless just because it s form has been altered. However if you compare diamonds and gold then this gem can be considered more portable. Gold has stood the test of time for thousands of years while diamonds only became a serious.

Gold is priced on quantity and workmanship. Diamonds on the other hand are a. People will be keener to buy diamonds that are branded in the coming years. Oil is worth more than both gold and diamonds combined we rely on oil to power our economies.

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. Gold is rare but diamonds are not. Normally diamonds are pricey.

Diamonds are not money and diamonds are not currency. Diamonds are not money. Diamonds are not fungible. Well the truth is that both gold and diamonds have aesthetic value.

Gold is worth more than diamonds diamonds do not have a universal absolute value whereas gold does. The difference between gold and diamonds becomes a lot clearer now.