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Because there is less of them than gold and they are harder to mine.

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Q: Why is diamond more valuable than gold?
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Related questions

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.


Are diamonds worth more than gold?

Diamond are much more valuable than gold even considering the recent price rise for gold.


What elements are more valuable than gold?

Some elements that are more valuable than gold include platinum, rhodium, and palladium. These elements are considered more valuable due to their rarity, properties, and demand in industrial applications such as catalytic converters.


What element is more valuable than gold?

Rhodium and platinum are both more valuable than gold.


Is diamond more valuable than gold?

Yes diamond is more valuable than diamond at first i thought gold was more valuable but its not this is because a small piece of gold is worth up to $3,000 but a small piece of diamond is worth up to $500,000 - $5,000,000


More valuable coal or diamond?

Diamonds are more valuable than coal.


Which is more valuable between diamond and silver?

Of equal weight, gem-quality diamond is more valuable than silver.


What is more valuable silver diamond or gold?

Diamonds are generally more valuable than gold or silver, as they are rare and have a high demand for use in jewelry. Gold is typically more valuable than silver due to its rarity and historical significance as a store of value. Silver is commonly used in industrial applications and jewelry, making it less valuable than gold or diamonds.


What makes one type of gold more valuable than another?

Gold is more valuable than silver. durr.


Is diamond more precious or gold?

Diamonds are more valuable, more precious, stonger more expensive and last longer. Diamonds are by far better than gold and is the best mineral resource discovered


Why diamond is better than gold?

Diamond is better than gold because diamond is more rare and shinier than gold and comes in lots of colors . It is also worth more .


Is sapphire more valuable than a diamond?

Yes, if it is pure natural sapphire it will be worth more than a diamond.