Right now the price of gold is sitting at 49 27 g which is still pretty close to an all time record but there are plenty of more expensive commodities out there and unlike gold they actually.
Gold or diamond which is more valuable.
More expensive than 10k gold but still fairly affordable.
Well the truth is that both gold and diamonds have aesthetic value.
You cannot compare gold with diamonds like you cannot compare gold with a branded luxury item.
14 karat gold is made up of 58 3 gold and 41 7 alloy or 14 out of 24 parts gold.
Now we can safely state that if you are a diamond necklace owner then it can safely be said that you will be able to buy more expensive items in the near future.
14k gold is the most popular gold for rings and other wearable jewelry in the united states the uk and the other western countries.
And even today if you want to resell your diamond you can go to a dealer.
People will be keener to buy diamonds that are branded in the coming years.
Diamonds on the other hand are a.
Having said that we know that as demand grows in emerging markets and supply starts declining gradually from 2019 2020 diamonds will become increasingly rare and valuable.