Magnet
Many materials have unpaired electron spins, and the majority of these materials are paramagnetic. When the spins interact with each other in such a way that the spins align spontaneously, the materials are called ferromagnetic (what is often loosely termed as magnetic). Because of the way their regular crystalline atomic structure causes their spins to interact, some metals are ferromagnetic when found in their natural states, as ores. These include iron ore (magnetite or lodestone), cobalt and nickel, as well as the rare earth metals gadolinium and dysprosium (when at a very low temperature). Such naturally occurring ferromagnets were used in the first experiments with magnetism. Technology has since expanded the availability of magnetic materials to include various man-made products, all based, however, on naturally magnetic elements.
Diamagnetism
Diamagnetism is a property of all materials, and always makes a weak contribution to the material's response to a magnetic field. However, other forms of magnetism (such as ferromagnetism or paramagnetism) are so much stronger that when multiple different forms of magnetism are present in a material, the diamagnetic contribution is usually negligible. Substances where the diamagnetic behaviour is the strongest effect are termed diamagnetic materials, or diamagnets. Diamagnetic materials are those that laypeople generally think of as "non-magnetic", and include water, wood, most organic compounds such as petroleum and some plastics, and many metals including copper, particularly the heavy ones with many core electrons, such as mercury, gold and bismuth. The magnetic susceptibility values of various molecular fragments are called Pascal's constants.