While comparing Hematite and Aragonite physical properties, the important data you should know is its chemical composition. Since chemical formula defines the molecular structure of the crystal, most of the physical properties like color, tenacity, solubility are governed by Hematite and Aragonite chemical formula.
Another important criteria for qualitative analysis of gemstones is Hematite and Aragonite Specific gravity. Specific gravity is the relative density of a gemstone compared with respect to density of water. Gemologists use Hematite and Aragonite Optical Properties during the identification of gemstone. Specific gravity of Hematite is 2.93-2.96 whereas that of Aragonite is 2.93-2.96.