Gold Or Diamond Worth More

This gem can be termed as a concentrated way to store wealth.
Gold or diamond worth more. Gold is rare but diamonds are not. Therefore half of a gold coin is worth half of what a whole gold coin is worth. However if you compare diamonds and gold then this gem can be considered more portable. Diamonds are not money.
Gold is worth more than diamonds diamonds do not have a universal absolute value whereas gold does. 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. Normally diamonds are pricey. Diamonds on the other hand are a.
Since the value of gold is predictable and stable gold has more value than diamonds. Diamonds are not money and diamonds are not currency. Oil is worth more than both gold and diamonds combined we rely on oil to power our economies. 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. A gold coin does not become useless or worthless just because it s form has been altered. People will be keener to buy diamonds that are branded in the coming years. Gold is priced on quantity and workmanship.
Well the truth is that both gold and diamonds have aesthetic value. Gold has stood the test of time for thousands of years while diamonds only became a serious.