Diamonds
In the field of precious jewels, diamonds remain popular. There are really a few stones available that are more valuable than diamonds; we'll discuss the most expensive one later. But since they're all essentially the same in terms of appearance and cost, it's important to comprehend why a diamond, which is well-known to everyone, is so pricey. also how much they are worth.
Typically, diamonds are sold by the carat, which is a measurement that is difficult to convert to weight. What would a pound of diamonds cost if a pound of bacon cost a few dollars? It is not the simplest thing to understand.
A carat of diamond weighs 200 milligrams. So a five carat diamond weighs one gram in total. If you've ever purchased diamond jewelry, you now understand just how pricey diamonds are per gram as well as why they are sold by the carat rather than the gram because it makes the price seem more affordable. Additionally, a five-carat diamond is far more difficult to find and purchase than lesser ones.
There is more to a diamond's price than just its weight because not all diamonds are created equal in terms of color and clarity. However, a one-gram diamond of low quality costs roughly $36,000. Over ten times as expensive, a one gram diamond costs $395,000.
- Cost: $36,000~ $395,000 per gram