/biz/ - Business & Finance

>>49380263
I don't think most people realise that diamond engagement rings and even wedding rings are a relatively new concept. Diamond have as much industrial use as gold, but industrial use doesn't dictate price, otherwise coal would be the exorbitantly expensive

>>49380163
There is a large amount of labour that goes in to certain diamonds, this is reflected in their price and would potentially be considered an investment depending on what metric you use to determine an investment, kind of like comparing a Rolex to a cheap Chinese wrist watch