The high price of diamonds is just a business trick

in #life7 years ago (edited)

The diamonds that we consider so expensive are only ordinary rocks. More recently, diamond mining has been an easy process, unlike before. This has contributed to a significant reduction in its price.

The reason for its high prices is that De Beers company has long dominated the industry and managed to artificially raise diamond prices during its takeover.
The advertising campaigns also helped to portray diamonds as a rare gem, though it was the opposite!

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Just for curiousity's sake, what is the new process to mine and refine diamonds?

actually I ask the same question!!!

Why do you think it's a common thing to work on my head? What do you think it's about?@ghadaelsawy

is it good or bad dear???

I do not understand whether it's good or bad.

Dear @ghadaelsawy,

I think the reason is just "Tradition".

may be dear

😍

Diamonds are the most precious elements in nature

who knows...if the truth is what have mentioned above?!!

Diamonds have a high value since pre-Pharaonic times

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