The prices of gold, silver, and even crude oil are all soaring, as we have all witnessed.  Regardless of whether they are purchased as jewelry or coins, gold and silver are always pricey metals.
 
The cost of diamonds can reach hundreds or even crores of rupees, and they are continually in demand. You are aware of these facts, but did you also realize that wood can be more expensive than gold and silver? Even though they are very pricey, sandalwood and the rare red sandalwood are not the same as this wood. We are discussing agarwood, commonly referred to as oud. Let's learn more about this pricey timber.

What is Agarwood?
One of the priciest woods in the world is agarwood, sometimes referred to as oud. Trees in the genus Aquilaria have this type of resinous heartwood. The fast-growing Aquilaria tree can be found in a variety of locations, from the rainforests of Papua New guinea and much of Southeast Asia to the foothills of the himalayas in South Asia.
 
This wood tree is fragrant, and because of its distinct scent, it is often used in medications, incense, and fragrances.  A fungal infection forms the resin in the tree.  It typically takes years to prepare for this virus.  Its price and scent are increased by this uncommon method.

What is the cost of Agarwood?
The cost of agarwood may surpass that of gold, silver, or any other precious metal. The price per kg can reach Rs 1 lakh. The tree is highly precious because of its unique resin and rarity.
 
Southeast Asian woods, including those in India, Malaysia, Thailand, and Indonesia, are home to agarwood. There aren't many trees there.
 
Agarwood Or Oud Perfume
One of the priciest perfumes in the world is oud, which is manufactured from agarwood.  It is well-known around the world for its rich, enigmatic scent.  

Used In Medicinal And Worship Purposes
Agarwood is important for religious activities like meditation and devotion. It has relaxing properties as well. Its efficacy is further increased by the fact that it is used in ayurveda to treat digestive problems, stress, and sleep disturbances.
 
Illegal logging
Illegal logging has increased as a result of the rising demand for agarwood.  Aquilaria trees are in danger of going extinct as a result of widespread pruning.  As a result, agarwood costs more.

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