Gold has been valued as a global currency
Gold has been valued as a global currency from thousands of year, a commodity, an investment and simply an object of beauty. While a sustained price rally, underpinned by the fact that demand consistently outstrips supply, is clearly a positive factor in this resurgence.
This website provides you with the background to these reasons and describes the defining characteristics of the gold market from an investor's point of view. As financial markets developed rapidly during the 1980s and 1990s, gold receded into the background and many investors lost touch with this asset of last resort. There are many reasons why people and institutions around the world are once again investing in gold.
A diamond is a form of carbon
A diamond is a form of carbon that was created deep within the core of the earth more than 3 billion years ago and brought to the surface by volcanic eruption. In diamond, each carbon atom is bonded to four other carbon atoms in a tetrahedral structure, like a pyramid. Each link or bond is the same length, and the tetrahedral formation is therefore completely regular.
Theoretically a perfect diamond crystal could be composed of one giant molecule of carbon. After the magma cooled, it solidified into kimberlite, where the precious rough diamond is still found today. It is the strength and regularity of this bonding which makes diamond very hard, non-volatile and resistant to chemical attack.
Diamonds were believed to hold medicinal value
Diamonds were believed to hold medicinal value during the Dark Ages. Square cut diamonds add a modern touch to bands, pendants and drop earrings as well. There were instructions that those suffering illnesses or having wounds should hold a diamond in the hand. And then make a sign of the cross for healing. Some even believed that ingesting diamonds could assist in recovery and even a cure from various illnesses.
Brilliant square princess cut diamonds in engagement rings and diamond stud earrings are de-rigueur. As time progressed into the Middle Ages, diamonds were more often viewed as items of value rather than items of mystical healing powers. Square cut diamonds add a modern touch to bands, pendants and drop earrings as well. As a result of the growing demand and value of diamonds, mine owners began spreading rumors that diamonds were poisonous if swallowed.