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The Color.
It means it's 10k gold... 41.7% Gold... Hope this helps...
In a metaphor you identify something with something else: Her hair was gold. In an idiom you use some words to mean something different from their literal meaning; they usually can't translate into other languages: Don't pull my leg.
Gold cost more but it depends on how the diamond is cut and what size it is. But overall gold costs more.
Diamond are much more valuable than gold even considering the recent price rise for gold.