what makes a diamond or gold of worth?

Answer 1

Anything desired has value. The more someone wants it the more it is worth. Diamonds are not nearly as rare as people think. they are controlled by mostly one family. The DeBeers ,own most of the diamond mines. They closely control the diamond market in order to keep the price up. To prove this have you ever heard of a diamond shortage? You can get any diamond you want at any time provided you have the money. Gold has been desired since early men.It is used in jewelery,electronics,foods,drinks, and medical uses. 90% of all gold ever mined is still accountable today. Your gold ring might have at one time adorned an Egyptian Pharaoh's drinking cup.Niether are the most rare of items but they both are highly prized.

Answer 2

With diamonds, its the three C's. Cut, clarity, and carrot weight. Whats funny with diamonds, you could have one really huge diamond, and one small one, but the small one is worth more since its cut better, and has less inclusions.

With gold, it has to do with pretty much the same thing. If you want to invest in good gold, go for at least 14k. Anything less really isn't worth it.

Answer 3

They're very rare. Their processing is very expensive and requires skills. You can only find them in very remote areas. It's also the history behind their worth. People have always given them tremendous values.