The reason why diamonds are so costly is something I'd like to explore. Do you know the old adage, "diamond's are a girls best friend"? Now, obviously, this is not due to the fact that they are merely attractive (although they definitely are). Diamonds are very expensive for a number of reasons.
To begin, diamonds are extremely uncommon. They require a great deal of heat and pressure to create, which happens only at great depths underground. That makes them more desirable because there are fewer of them available.
Diamonds are so costly because they are extremely rare and difficult to mine. Since they are made of the Earth's hardest naturally occurring mineral, they are incredibly long-lasting. For this reason, they are frequently used in engagement rings and other pieces of jewelry that are intended to endure a lifetime.
Still, the diamond's cut and setting are just as important. Diamonds are typically cut into certain shapes (such as rounds or princesses) and then mounted in a predetermined manner (like prong or bezel). Diamond costs may be affected by all of the above.
Last but not least, for millennia, diamonds have symbolized status and prosperity. Royalty and the rich have long placed a high value on them, and this status has persisted. That's why diamonds can be so expensive; it's not just that they're rare and hard, but also that they're a status symbol.
Because of these features, diamonds are among the most expensive gemstones available. But if you've got your heart set on a diamond (or you just like flashy things a lot), it could be well worth the expense. You need budget a lot of money for it, though.
