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Which is more valuable: Gold or Diamond?

Which is more valuable: Gold or Diamond?

07 Jan, 2021 | Gemstone | Gem Selection

Introduction

Diamond and Gold both are highly valuable and are taken out after a lot of procedures. It calls for certified tradesmen and craftsmen to create and honey treasures from its raw state. Both Gold and Diamond are used for manufacturing and industrial purposes. Buy gemstones online from a khanna gems best seller in delhi, they will offer at the most competent prices

The real Question: Diamond or Gold which is more valuable?

Well, it directly depends on the demand and supply in the market which is ever fluctuating. Whether you buy, sell, or invest in it. It's risky and highly unpredictable as well. Whether it is gold or diamond buy gemstones online from a certified seller only.

What is Gold?

Gold can be described as the traces of the chemical compound which is discovered in most parts around the globe. Some more metals are added to make a stronger compound as pure gold is highly malleable. The carats show how pure the gold is. It comes in purity such as 14K, 18K, 22K, and 24K. Yeah well, Gold goes for about $1,700 per troy ounce.

What is Diamond?

The naturally found diamonds come into existence when carbon is exposed to the highest pressure that is built over millions of years. The diamonds were first found in India about 2,800+ years ago. Like gold, carats are units used to measure diamonds. Every diamond carat means 0.2 gms. The price of a diamond is directly dependent on the 4'Cs. Cut, Clarity, Color & Cost. Hence helping in determining the value. Diamond is a gem too and there are dozens of sellers from where you can buy gemstones online at good prices.

Conclusion

Similar to buying an automobile, the overall value of a diamond is ever decreasing the moment it's taken out of the showroom. A diamond that has a massive size is only that holds on to the value. Or may turn more valuable with time. On the contrary, gold has been deemed as the most secure investment. Gold price remains the same across the world no matter what.

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