Know all about Laterite and Pegmatite properties here. All properties of rocks are important as they define the type of rock and its application. Laterite belongs to Sedimentary Rocks while Pegmatite belongs to Igneous Rocks.Texture of Laterite is Earthy, Massive, Porphyritic whereas that of Pegmatite is Pegmatitic. Laterite appears Rough and Banded and Pegmatite appears Layered, Banded, Veined and Shiny. The luster of Laterite is dull while that of Pegmatite is grainy, pearly and vitreous. Laterite is available in brown, buff, red colors whereas Pegmatite is available in black, brown, cream, green, grey, pink, red, rust, silver, white, yellow colors. The commercial uses of Laterite are an oil and gas reservoir, source of bauxite, used in aquariums and that of Pegmatite are creating artwork, jewelry, source of corundum, tourmalines, beryls and topaz.