Which is more valuable- money, diamond or gold?

Muhammad Cummerata asked a question: Which is more valuable- money, diamond or gold?
Asked By: Muhammad Cummerata
Date created: Sat, Mar 20, 2021 8:17 PM



Those who are looking for an answer to the question «Which is more valuable- money, diamond or gold?» often ask the following questions:

👉 Is diamond more valuable than gold?

Yes diamond is more valuable than diamond at first i thought gold was more valuable but its not this is because a small piece of gold is worth up to $3,000 but a small piece of diamond is worth up to $500,000 - $5,000,000

👉 Is diamond more valuable then gold?

There are many different qualities of both gold and diamonds. There is cheap gold (the lower the karat as in 14K, 18K, 24K gold, the less valuable it is. Same holds true for diamonds. There are diamonds out there the size of a pin point that aren't worth ten cents, but put millions of those small diamonds on a cutting tool, and you've got the strongest surface to work with. Generally speaking, on the whole, diamonds tend to be more valuable than gold. True, they still mine for gold and diamonds, we haven't yet exhausted the Earth's supply of both and the prices for both will fluctuate over time depending on economies, society, demand, supply and who has the most of each. If you are going by pure weight or poundage, diamonds are more valuable. They are small, tiny in comparison to gold weights of the same value. You can have a diamond weighing less than an ounce be worth ten times or more of its gold equivalent.

👉 Is gold more valuable than diamond?

Gold is a safer investment option, and its value is based on its purity. Gold is, however, cheaper than diamond. The value of diamonds is affected by the 4Cs, meaning that the diamonds with the best quality features will cost more. Read More jewelry metal posts here or here !

10 other answers

It is obvious that gold is valuable than diamonds. You see, gold is recognized in every country all over the worlg as legal tender. Gold can be melted and is useful not only for beauty or decoration purposes but for many other uses as well while diamonds are broken easily. On the other hand, diamonds are only as rare as the suppliers need them to be.

Although gold carries power in terms of inflation and general value, diamonds can often have a stronger resale value. Be careful when shopping for diamonds. Many people are desperate for the perfect engagement ring and end up wasting money on ridiculous retail markups, which generally will not be recouped in a resale period.

Although the price of a diamond heavily depends on its quality and the cut, a pure one-carat diamond can cost up to $26,950 per carat (0.2 grams), which roughly equates to $134,750 per gram.

Diamond jewelry is also often comprised of gold. Gold is portable too. However, ounce for ounce, diamonds are ridiculously more expensive than gold. Therefore, if you wanted to move, or say “smuggle” a few million dollars, carrying diamonds would be an easy way to go.

Gold is more abundant than large diamonds, but diamonds as a class of material are not particularly rare. I think part of their reputation has to do with amazing public relations!" Originally...

He believes that, in such a system, money that can be exchanged at the bank for something valuable - like gold - would be more attractive than a £10 note that can only be swapped for two £5 ...

The point is unless you are a central bank; Gold is terrible as money. It is not built to be a global currency at the present time. It is not very divisible in practical terms. It is volatile in price. It is not safe to move as a physical asset and is not widely accepted in the real world. It is more of a liability than an asset, as a form of currency.

Colored – or fancy – diamonds can be used to make a statement or to give a piece of jewelry some added flair. And unlike white diamonds, the higher the saturation, the more valuable the diamond is. How Rare Are Colored Diamonds? The vast majority of diamonds mined throughout the world are considered colorless, even if they contain a bit of yellow.

5 – Gold. Many people think gold is the most valuable and most expensive mineral in the world, but this is a common misconception because there are other minerals that are far more worthy than gold. Still, it is a highly valued, expensive mineral with a price around $56 per gram. 4 – Rubies

Cost: This takes some explaining. 1 hit of LSD is $10-15 and weighs about 250 micrograms. Convert that to milligrams- $40-60/mg, which equals $40,000-60,0000/g. What do you do with it: Some people ...

Your Answer

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Which is more valuable 24k gold or 24k silver?

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Which is more valuable a sapphire or a diamond?

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Is jade more valuable than gold?

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Is salt more valuable than gold?

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Is titanium more valuable than gold?

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Which has more value gold or diamond?

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Which is more profitable diamond or gold?

Gold has appreciated 501 per cent from 2001-2012, which comes out to an annualised return of almost 18 per cent… Due to the fact that gold is the most popular precious metal that cannot be synthetically produced - unlike diamonds - there is transparency when one buys gold in the open market.

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Is diamond more valuable than moissanite?

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Is diamond more valuable than platinum?

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Is tanzanite more valuable than diamond?

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What makes a diamond more valuable?

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What's more valuable diamond or ruby?

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What's more valuable emerald or diamond?

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What's more valuable than a diamond?

Emeralds are rarer and often more expensive than diamonds

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Which is more valuable a 999 gold bar or coin?

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Which topaz is more valuable?

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Which is more expensive gold or a diamond?

i think diamond is more expensive

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Which is more rare, a diamond or gold?

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