Thread: Investing/dumping cash into gold
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Old 08-24-2015, 10:53 AM  
lezinterracial
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Quote:
Originally Posted by Vendot View Post
Sure but they're not necessarily as useful as gold for trading, which is why gold has been money for thousands of years. Demand for diamonds right now is a bit weak too...

De Beers Said to Cut Diamond Prices as Much as 9% - Bloomberg Business
Yea, More difficult to price a diamond. Price is a little more subjective base on cut, clarity, color, and carat. Gold is just weight and purity. I don't think they have a spot price for diamonds.
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