December 6, 2021

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Why are diamonds expensive?

When planning to purchase a diamond, the blessing device that comes to nature is how costly it is, which raises the question: why are diamonds expensive? It is well declared that diamonds are expensive but what are the reasons for this.

Why are diamonds expensive?

Below we bring a look at why these stones are so valuable and in lofty demand

WHY DIAMONDS ARE SO EXPENSIVE?

  • DIAMONDS OF HIGH QUALITY ARE RAREIt is worth pointing out that not all diamonds mined are gain enough to be used in jewelry, in fact, most of them are not advantage enough to be used The ones that are of profit tall standard and can be used in jewelry and sold to the federal are few. Therefore, because diamonds that are lanky in level and posses acceptable standard are rare, they frame colossal prices.
  • COLOR OF THE DIAMONDOne of the most obligatory characteristics of a diamond is the color it has Basically, the whiter or further colorless a diamond, the higher its value. In a method its alike to Vodka: expensive Vodka has little flavor aside from the alcohol of courseA mountain of diamonds mined are yellowish with a few of them categorized as not having any tints Stones that display contract color quality with faint yellowish shades are besides remarkably strenuous to find The gigantic prices charged for colorless diamonds is due to how these fan are hard to find, creation it one of the reasons why diamonds are expensive
  • DIAMONDS OF HIGH CLARITY ARE RAREAnother imperative side of diamonds is how bright they look A diamond of colossal clarity has little, if any, recognized imperfections like lines or menacing spots within the stone. Finding diamonds with no imperfections is rare and even finding the ones with few flaws is wholly arduous as well Naturally, most stones found, keep some rhythm of imperfections or flaws in them When relatives insist on having diamonds with none or few imperfections and flaws it leads to prices of diamonds going up, which is why diamonds are expensive
  • BIGGER DIAMONDS ARE NOT READILY AVAILABLEThe size of a aficionado matters when it comes to its emolument and how expensive it bequeath be. When looking at prices diamonds of different karat weights one entrust directive that the bigger the nut is the higher the remuneration per karat cede be because larger and bigger diamonds are fatiguing to secure Apart from this, receipt gigantic stones that are of remarkably rangy clarity is moreover tiring because the larger the seed is, the more likely it is to hold imperfections.
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The closing impetus why diamonds are so expensive is because of all the traders involved in the process It starts with the group which mines the stones and sends it to the storehouse where it is then packaged and sold to traders The diamonds are then taken to the city where the cutters job on them to secure the remedy press to evince their brilliance. They are then sold to wholesalers who peddle them to retailers from where they are bought by the hindmost consumer All these processes with each companion involved hoping to make a interest explains why diamonds are expensive