| Author | Message | ||
     Sanman Junior Artist Username: Sanman Post Number: 2 Registered: 08-2010 Posted From: 71.199.91.151 Rating: N/A |
gold gets its value from its rarity. platinum is more valuable because it is even more rare. silver ... iron ... etc all the metals value depends on their availability and cost of extraction/refining | ||
| Anand_n Side Hero Username: Anand_n Post Number: 7812 Registered: 02-2008 Posted From: 167.24.104.150 Rating: N/A |
Don't match up to gold - cos the valuation is never consistent. A gm of gold is a gm of gold everywhere... A diamond is valued by the 4Cs- Carat, Color, Cut and Clarity - the value becomes dependent on the handlers and certification agencies. Also local culture may impact what quality is valued more...  aa chal ke tujhe main leke chalu ik aise gagan ke tale jahan gam bhi na ho, aansoo bhi na ho,bas pyaar hi pyaar pale | ||
| Rekkadithe_gani_dokkadadhu Side Hero Username: Rekkadithe_gani_dokkadadhu Post Number: 2460 Registered: 01-2010 Posted From: 165.95.11.9 Rating: N/A |
 It is easy to float along with a smile when life is as sweet as a song, but a man worthwhile is one with a smile when everything goes dead wrong" - S.N. Goenka | ||
| Pomegranate_life Junior Artist Username: Pomegranate_life Post Number: 729 Registered: 07-2010 Posted From: 32.97.110.60 Rating: N/A |
Where do Diamonds fall in the above mentioned categories? | ||
| Anand_n Side Hero Username: Anand_n Post Number: 7810 Registered: 02-2008 Posted From: 167.24.104.150 Rating: N/A |
Because people buy it Because being a noble metal it does not degrade over time and can be hoarded - it makes a safe reserve commodity. It also allows it to be passed on as inheritance ..so peole hoard it individually too. And it has been made a status symbol of family riches All of these reasons drive up demand thus increasing the price. aa chal ke tujhe main leke chalu ik aise gagan ke tale jahan gam bhi na ho, aansoo bhi na ho,bas pyaar hi pyaar pale | ||
| Jodhaa Hero Username: Jodhaa Post Number: 13589 Registered: 02-2008 Posted From: 98.214.211.181 Rating: N/A |
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| Cocanada Moderator Username: Cocanada Post Number: 25955 Registered: 01-2008 Rating: N/A |
Whatever. According to me the currency of the world is Energy. In whatever form it is | ||
| Ashton Side Hero Username: Ashton Post Number: 6233 Registered: 05-2008 Posted From: 66.90.104.94 Rating: N/A |
I think, Gold standard is set before we knew its purpose.. | ||
| Cocanada Moderator Username: Cocanada Post Number: 25953 Registered: 01-2008 Rating: N/A |
Gold - unlike other metals doesnt rust. So, its best for ornaments. In India - Sentiment Other countries - Its standard for exchanging currency Personally.....I dont think it has any value. Steel is more valuable according to me | ||
| Ashton Side Hero Username: Ashton Post Number: 6231 Registered: 05-2008 Posted From: 66.90.104.94 Rating: N/A |
Really... Why is gold so precious & valuable? the color? it's shiny? |
