How to Invest in Diamonds
Though most investors think of jewelry and wedding rings when they think of diamonds, these minerals are primarily used for industrial purposes rather than fashion statements. Diamonds are the hardest natural mineral in the world, making them perfect for drill bits and other cutting tools. Aside from that, diamonds are also found in lab equipment, microchips, heat conductors, and much more.
An investment in diamonds can be thought of as a play similar to precious metals. While not nearly as liquid, diamonds will generally appreciate over time and be more valuable from a pricing standpoint. Some of these jewels are worth upwards of $400 million to some that are literally so rare, they are considered priceless.