Are Diamonds Really Rare? Understanding the Rarity of These Precious Stones
Are Diamonds Really Rare? Diamonds are often considered the ultimate symbol of luxury, rarity, and beauty. However, despite their prevalence in jewelry stores, diamonds are much rarer than many people realize. This article explores the rarity of diamonds, shedding light on the mining process, the scarcity of high-quality stones, and the role market demand plays in their perceived rarity. The Mining Process: A Massive Undertaking Diamonds are formed deep within the Earth’s crust, under extreme heat and pressure. However, their extraction is anything but easy. For every one million diamonds mined, only a fraction are of sufficient quality to be used in jewelry. In fact, a one-carat diamond is an exceedingly rare find—requiring the extraction of around 250 tons of ore to yield just one gem-quality stone. ...