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We tell you how to make money off your gold jewelry. This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job ...
The color of a diamond also plays a role in its value, with colorless diamonds given the greatest value. There are pink, yellow, blue and even black diamonds. Although these are less common than ...
English: This chart shows the nominal price of gold along with the price in 1971 and 2011 dollars (adjusted based on the consumer price index). The historical gold price was obtained from www.igolder.com; CPI was obtained from www.rateinflation.com. The data is in section Chart Data.
Diamond-weighing kit, with weights labelled in grams and carats. The carat (ct) is a unit of mass equal to 200 mg (0.00705 oz; 0.00643 ozt), which is used for measuring gemstones and pearls.
The investment parameter of diamonds is their high value per unit weight, which makes them easy to store and transport. A high-quality diamond weighing as little as 2 or 3 grams could be worth as much as 100 kilos of gold. This extremely condensed value and portability does bestow diamonds as a form of emergency funding.
In 2009, a 7-carat (1.4 g) blue diamond fetched the then highest price per carat ever paid for a diamond when it was sold at auction for 10.5 million Swiss francs (US$9.5 million at the time) which is in excess of US$1.3 million per carat. [17]