Since ages, diamonds have been in the limelight. We all have a notion that diamond is pricey. Who doesn’t agree to this? Women love to wear this adorable natural crystal, but its high cost makes it hard to purchase. What makes it overpriced? In order to find out about it stay with us for a few more minutes. We will discuss the rationales which have kept its standards high.
Let’s begin the journey.
1. Market Demand
What makes diamond more valuable is its market demand. Over the decades, its demand graph has been continuously escalating. There was not even a single time when diamond lost its market value. This factor is a huge contributor to its price range. Since its demand has always remained on a high level that’s why its price never fluctuated.
2. Prevailing Notion
Generally, it has become a perception that diamond is a rare stone. Like ruby and emerald, this naturally occurring stone is hard to find. With this notion, one always agrees to pay the required price for it. People know they are paying for its top-of-the-line features and in return they are getting a valued item.
3. Exceptional Quality
Quality is the core aspect to determine diamond’s price. Indeed, when we intend to purchase diamond jewelry, we know that we are buying exceptional quality pieces. So, we know that this exceptional quality item will not be sold at a low price. Even by breaking our budget, we purchase it to be an epitome of style. Cut, carat, color and clarity are the factors which help you figure out the diamond’s quality. White diamonds are more expensive than the other ones.
4. Mining requires big budget
The origin of diamonds is from India. They were mined in India around 2400 years back. Arranging a mining plant is not everyone’s cup of tea. It requires a budget of millions of dollars. It takes even years to find an optimal size diamond. Considering all these facets, people don’t tend to bargain on the diamond’s price.
5. Symbol of Affection
Is your wedding round the corner? Surely, when you are going to explore jewelry new arrivals then diamond could be your option. Whether it is a diamond ring or necklace, you can be the centre of attention by wearing this luxurious jewelry. Apart from that if you are looking forward to buying diamond jewelry for your spouse, then nothing can be more exquisite.
6. Celebrity Acknowledgement
What celebrities wear and carry become a trend. No doubt people adhere to that trend. There are many celebrities who carried diamond and made it a part of its style statement. Carrie Underwood, Heidi Klum, Jennifer Lopez and Mariah Carey are the ones who carried diamond jewelry beautifully. Choose your favorite diamond color, e.g., white, blue, pink, purple or red and redefine your fashion statement.
At the end, we have no reason to not acknowledge that diamond is a lavish crystal which usually costs high. The above-mentioned rationales are enough to believe this.