Rarity & Scarcity – Real Factors Make Diamonds Truly Expensive

Date : 10/17/2023

Diamond Ring is a dream to achieve and it is more than a piece of jewelry. Lucky are those women who can wear a diamond ring on their ENGAGEMENT and/or WEDDING DAY, no matter what the size is. The fact is, even boyshave a crush on diamonds. According to astrology, Diamond improves Venus in a natal chart. Whether you are born with a debilitated, afflicted,or malefic Venus in the birth chart, an experienced astrologer prescribes Diamond to empower your Venus and Lady Luck. For marriage-worthy males, Lady Luck depends on the position of Venus in their birth charts.

One can have the maximum benefits of wearing a Diamond when it is bought from certified and reliable gemstone showrooms. Nabgraha Gems, the best gemstone showroom in Kolkata known for selling round brilliant cut diamonds at the best rates. However, most of us hesitate to buy diamonds because of their higher cost. Do you know the reasons why diamonds are so costly? If your answer is no, please read this blog to the end.

It’s Time to Know Why Diamonds Are Expensive

The reasons are many that make diamonds out of our reach. Let us shed light on those reasons…

Risky Mining: One of the significant reasons is,that diamonds are available in remote places where mining is risky to run.
Size & Weight: One carat of diamond is very rare to avail of. Thus, buying more than one carat of diamond is heavy on the wallet, and we had better avoid it buying.
Long Process of Cutting & Polishing: Only20% of diamonds are used in making jewelry. After rigorous and intense processes of cutting and polishing, the finest quality Diamonds have evolved.
End Product Costs Higher: Next, we cannot buy directly from wholesalers as we don’t purchase in bulk. The diamonds are sold to wholesalers to retailers, and then we can buy them from retailers. We receive the end product, and the end product always costs more than its real price.
Additional Charges:From advertising to branding, show rent to employees’ salary, and business tax to the maintenance of a showroom –everything is included in the price of a diamond.

These are a few of the reasons that make diamonds so costly to avail of.

Factors Make Diamonds Out of Our Reach for General Customers

All genuine things have their price and they are rare as well. And, Diamonds are not exceptional. You can easily buy synthetic diamonds within your budget because synthetic diamonds are available at comparatively lower prices and no such hard work is required to make a synthetic diamond marketable.

Whereas, genuine diamond is so expensive because of their rarity, and the lack of a regular supply chain. We know that diamond mining is not an easy job and it affects the supply chain deeply. Even the monopoly in the diamond business influences the price of diamonds. In addition to the monopoly, the high demand for Diamonds among celebrities and rich income groups also makes diamonds costly and far from the grip of general people.

Scarcity makes things costly. Scarcity of genuine diamonds also increases the cost of diamondswith the shadow of a doubt.

Conclusion…..

However, we still love diamonds and always adore them. And anyone from Kolkata or nearby, if you wish to buy a diamond that is worth you, buy it only from the best gemstone showroom in Kolkata, Nabgraha Gems. Believe me, you would not regret shopping for Diamond here as the store sells only certified and lab-tested Diamonds at the best price.