No way -- only 籽料 is more expensive than gold
And only true white 和田籽料 is more expensive than gold.
籽料 raw material is typically small. It's very rare to find a pebble that's big enough for a 58mm bangle.
Bangles are usually made of 山料, typicically 和田青玉 that is a lot cheaper than 和田白玉。
