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Your answer depends on the purity of the gold and the quality of the diamond.
When comparing one gram of 24 karat gold -- the purest gold -- compared with one gram -- five carats -- of the highest quality diamond, the diamond price would be higher.
For example, today, based on gold at US$1,054.20/gram = $33.89@gram, and based on the highest quality, five-carat diamond at US$404,055, the price of the diamond is far higher than the price of gold.
Conversely, a lower-karat gold gram, or a lower-quality diamond could alter the disparity. This is because about 80% of all diamonds mined are industrial diamonds, not gem quality. You can purchase a bag of industrial diamonds for about the price of a latte.
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What is more valuable gold or diamonds?
Gold.Gold is the most liquid of all, even cash. cash will loose value due to inflation. Diamonds do not have an absolute value - different valuers will value a particular piece differently. Gold on the other hand has an absolute value - which is generally not influenced by the exchange rates.If in a fit of need you will want to sell a diamond - you will not get its full value - but only the salvage value. if you need to sell gold you will get the full value.Another AnswerGiven exact weights of each element, diamonds will always be more valuable, in that its market price will always be higher.
How much gold does US produce?
US gold production rises and falls with the price of gold. In 2007 the United States produced approximately 240 tonnes of gold, this is substantially higher than historicl production but typical of the production in the recent past..
Why is diamond jewelry so expensive?
The process of mining diamonds and their rareity is the cause of their excessive valueI think it's because diamonds are even more rare than GOLD.
Why the price of gold increasing?
The price of gold is probably increasing because there's less of it than there used to be and the more rare something is, the more valuable it is. try this site its useful http://gold-price-blog.info/
What causes the price of gold to fall?
The price of gold can be subject to fall do to demand of the product versus the availability of the product. Also the shape of the economy can drive the price of gold to drop if the dollar is actually worth more than face value.
What is the paradox of value?
The paradox of value, also known as the diamond-water paradox, refers to the situation where essential items like water have little monetary value, while non-essential items like diamonds have a high monetary value. This paradox questions why things essential for survival have less value than things that are not necessary for survival.
What is paradox of value?
although water is on the whole more useful, in terms of survival, than diamonds, diamonds command a higher price in the market.
Are diamonds worth more than gold?
Diamond are much more valuable than gold even considering the recent price rise for gold.
What is paradox value?
the apparent contradiction that, although water is on the whole more useful, in terms of survival, than diamonds, diamonds command a higher price in the market.
What is more valuable gold or diamonds?
Gold.Gold is the most liquid of all, even cash. cash will loose value due to inflation. Diamonds do not have an absolute value - different valuers will value a particular piece differently. Gold on the other hand has an absolute value - which is generally not influenced by the exchange rates.If in a fit of need you will want to sell a diamond - you will not get its full value - but only the salvage value. if you need to sell gold you will get the full value.Another AnswerGiven exact weights of each element, diamonds will always be more valuable, in that its market price will always be higher.
What is worth more diamonds or gold?
By weight, diamonds are worth more because they are much more rare than gold.
Is the price of gold higher than the value of the dollar?
The price of gold is ever changing. The stock market for things like this can change from day to day. Gold is more valuable than simply a dollar. It also depends on the weight of the gold.
What cost more than gold?
Diamonds.
Can gold get you more money than diamonds?
No.
Is gold worth more than diamonds?
no
Are diamonds more valuable than golds?
Yes, by weight, diamonds are more valuable than gold.
What is more Diamond or gold?
diamond is alot harder than goldAnother AnswerBy weight, gem-quality diamonds are more valuable than gold. By weight, gold is more valuable than industrial diamonds. Only about 20% of all diamonds mined are gem-quality.
