What makes diamonds so expensive?

Niharikamathur7120 Jan, 2023Finance

Undoubtedly, a diamond is quite an expensive gem in jewellery making. Its price is set so high in some countries that people belonging to the upper class can only afford to have the gems for themselves. As for other countries, either the diamonds are within the rich of the upper middle class or the upper richer section of the economic pyramid. Although there are a lot of myths surrounding the increasing price of a retail and wholesale diamond, the reality of their high valuation is completely different.