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Diamonds are probably the most commonly used jewel in jewelry. Diamonds are the most expensive gemstone available. There are significantly less costly gems that appear remarkably like diamonds, light up as brightly as diamonds, and are shaped similarly to diamonds, and yet are managed to sell at much cheaper rates. You may be curious why diamonds are costly compared to other precious stones. You aren't the only one. Whereas many people criticize the steep price of diamonds on the law of supply and demand, this is not the entire sto... more