Adaptability is the key feature of gold which makes it applicable for many purposes and almost everywhere in the field of artifacts and jewelry. It melts when it is heated and again solidifies on cooling. A property which facilitates it to be cast in almost any form and at any level of intricacy.
Diamonds have poor adaptability just like in these cushion cut diamond engagement rings. They are the hardest thing on the planet earth. The only way to work on a diamond is with the help of another one. No other material can work on the diamond. Other materials have to adjust and fit in with diamonds and these cluster diamond rings.
Gold, when compared to diamond, is a very common and quantitatively occurring material. Gold mines are not found easily but they do exist in bulk amount at their mines. They are less costly than some of the other materials just because of their bulk presence in nature.
Diamonds are very rare to find especially when you’re looking for good pear shaped diamond ring. They are rare and this makes them special. There is always a huge demand for the thing which is less in amount and thus the cost of it gets high, very high indeed. They don’t exist in bulk and are not easy to find also.
3. Price Value:
Price of gold is not real, it is artificial. The amount of consumption and the economy involved in the investment has a good influence on the demand. Price value of the gold keeps up even when the market is down which makes is a reliable source of money.
The value of diamonds so not go down. Their availability is limited and that makes their price non-fluctuating. They keep their money value and keep on increasing them. Their value increases with time while the value of gold cannot be guaranteed as far as the money value is concerned to be increasing.
Money worth of gold is much lesser than diamond and hence a huge quantity of gold can be purchased in the same amount where a single diamond can be bought. Imagine many kilograms of gold with you and you need to transport them. You will have to work hard for that and be cautious about many things.
Now imagine a few pieces of diamond worth the same money value as kgs of gold and you need to transport them. You can judge the difference in the level of comfort while dealing with diamonds. It is obvious that diamonds are easy to transport.
Conclusion: Both, gold and diamond have their own characteristics and use but I personally vote diamond as a better investment.