Purplish pink diamond hits record $ 26.6 million

Pink Diamond, The Spirit of the Rose

Purplish pink diamond hits record $ 26.6 million The “Spirit of the Rose” diamond, in Geneva on November 6, 2020 The price of some of the largest pink rough diamond ever discovered in Russia has unsurprisingly skyrocketed. An exceptional pink stone, from this rough diamond, was auctioned for $ 26.6 million commission included Wednesday evening in Geneva by Sotheby’s. However, the record could have gone even further. The auction house had previously estimated it between 23 and 38 million dollars. Named “The Spirit of the Rose” after the famous Ballets…

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Understanding How Gold Prices Are Determined

gold, altin

Understanding How Gold Prices Are Determined Paper currencies have come and gone through the ages but gold has always maintained its value. While cultures have cherished gold for its beauty and viewed it as a symbol of wealth, investors today buy gold to diversify their portfolios, as a hedge against inflation, and for protection against currency devaluation. It’s widely accepted that gold is a good investment, but less is known about how gold prices are determined and what affects the daily price of gold. Value of the U.S. Dollar The…

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Star of South Africa Diamond

The Star Of Africa

Star of South Africa Diamond The “Star of South Africa” diamond was discovered in 1869 and started ‘diamond fever’ throughout the world. The 47.69 carat pear shaped diamond was set into a pendant brooch with oval and round old mine cut diamonds in a lily of the valley motif. The brooch designed by Pierre Cartier at the House of Cartier in New York in 1910 for the American Industrialist J.P. Morgan is currently in this original setting. The famous diamond is said to have been acquired from a young herdsman…

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Why do we value gold?

periodic table, gold, altın

Why do we value gold? Mankind’s attitude to gold is bizarre. Chemically, it is uninteresting – it barely reacts with any other element. Yet, of all the 118 elements in the periodic table, gold is the one we humans have always tended to choose to use as currency. Why? Why not osmium or chromium, or helium, say – or maybe seaborgium? I’m not the first to ask the question, but I like to think I’m asking it in one of the most compelling locations possible – the extraordinary exhibition of…

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Pearl Gemstone Information

pearl, inci

About Pearls – History and Introduction Pearls are organic gemstones that are formed by shelled molluscs; mainly bivalved oysters and mussels. Pearls are made up of nacre (mother-of-pearl) which is mostly aragonite (calcium carbonate) and conchiolin (complex proteins that form mollusc shells). The aragonite microcrystals build up around an irritant. The name “pearl” is said to have originated from the Middle English word “perle”, which in turn came from the Latin word “perna”, meaning “leg”, thought to be due to the ham-leg shape of the bivalve mollusc. Natural pearls are…

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Gold Ounce

gold ounce

The ounce (abbreviated oz; apothecary symbol: ℥) is a unit of mass used in most British derived customary systems of measurement. The common avoirdupois ounce (approximately 28.3 g) is ​1⁄16 of a common avoirdupois pound; this is the United States customary and British imperial ounce. It is primarily used in the United States to measure packaged foods and food portions, postal items, areal density of fabric and paper, boxing gloves, and so on; but sometimes also elsewhere in the Anglosphere. Besides the common ounce, several other ounces are in current…

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Gold Investment

gold investment

Gold as an investment Of all the precious metals, gold is the most popular as an investment. Investors generally buy gold as a way of diversifying risk, especially through the use of futures contracts and derivatives. The gold market is subject to speculation and volatility as are other markets. Compared to other precious metals used for investment, gold has the most effective safe haven and hedging properties across a number of countries. Gold price Gold has been used throughout history as money and has been a relative standard for currency…

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The 7 Most Expensive Diamonds in the World

7 Most Expensive Diamonds in the World

The 7 Most Expensive Diamonds in the World Lookout Titanic… These are the 7 most expensive diamonds you can find on planet Earth: Moussaieff Red Diamond #7 The Moussaieff Red Diamond The Moussaieff Red Diamond is a diamond measuring 5. 11 carats (1. 022 g) with a triangular brilliant cut sometimes called a trillion or a trilliant cut, rated in color as Fancy Red by the Gemological Institute of America. Although this may seem relatively small when compared to other famous diamonds, in fact, the Moussaieff Red is the largest…

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Diamond

diamond

What Is A Diamond? The word Diamond comes from the Greek word Adamas, which means indestructible. It is the only gem known to man that is made of a single element, Carbon, besides graphite. Diamond is completely made of Carbon atoms (Chemical Composition – C) crystallized in a cubic (isometric) arrangement. How and where are diamonds formed? Diamonds form between 120-200 kilometers or 75-120 miles below the earth’s surface. According to geologists the first delivery of diamonds was somewhere around 2.5 billion years ago and the most recent was 45…

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Gold

gold, altın

Gold is a chemical element with symbol Au (from Latin: aurum) and atomic number 79. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable, and ductile metal. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions. Gold often occurs in free elemental (native) form, as nuggets or grains, in rocks, in veins, and in alluvial deposits. It occurs in a solid solution series with the native element silver…

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