What determines the price of diamonds and gemstones?
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All jewelery is different and there are firm industry guidelines on how gold, diamonds and gemstones are appraised for their value according to current international prices. They take into account the grading, quality and weight of the jewelery and may include craftsmanship, market forces and taxes. Also, it should be remembered that gold, diamonds and gemstones are extremely rare and are also very expensive to mine.