Why is ivory more expensive than gold?



Our world is filled with many valuable items. When asked about precious materials, most people immediately think of gold and silver. While gold is widely known for its use in jewelry, it also has a variety of other valuable applications. However, you might be surprised to learn that there is something even more expensive than gold: ivory. To understand why ivory commands such a high price, we need to explore the details behind its value.


What is ivory made of?

An adult human typically has 32 teeth, but the tusks of elephants are quite distinct from those of other mammals. Unlike ordinary teeth, ivory tusks possess exceptional strength and durability. To comprehend why ivory is so strong, it’s important to first explore the nature of ivory itself, its composition, and its unique properties that set it apart from other materials. Ivory is a hard, white material primarily composed of dentin, a key component that contributes to its remarkable strength. This durability makes ivory highly sought after for a range of commercial applications, including fine arts, musical instruments, and specialty items. Its unique properties enable it to withstand wear and tear, further enhancing its appeal in various industries.


What does an elephant use its ivory for?

We often see elephants on TV breaking large trees and branches, making it look as if they’re wielding sledgehammers. In reality, they use their tusks and powerful jaws to exert significant force, allowing them to snap thick trunks with relative ease. When fighting, two elephants also utilize their tusks, engaging in fierce battles that showcase their strength and tusk durability.


Is it legal to harvest ivory?

Elephants are constantly being killed regardless of the price of ivory. Due to which in 1989 killing of elephants was declared prohibited all over the world. However, despite this ban, ivory is being sold in various illegal ways. It has become difficult to tell which is genuine and which is fake as it is sold illegally. There was a time when objects made of ivory were kept in homes for prosperity.


The Chinese consider it auspicious to keep things made of ivory:

One of the reasons why ivory is worth more than gold is the culture of China. The Chinese believe that keeping items made of ivory in the house brings financial prosperity. Due to this kind of Chinese culture, the demand of ivory in the international market is increasing, so its price is also increasing.


How much does ivory cost?

Ivory is very rare and very durable. It lasts for a long time. The price of ivory is rising. In major continents like Asia, especially in Africa, the price of ivory ranges from $100 to $1800 per kg, which is becoming a lucrative commodity in the black market.

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