Published at Monday, 16 September 2019. Wedding Ring. By Lotye Voisine.
In many areas of Africa, revolutionary groups have taken over some of the diamond mines using proceeds to finance their illegal operations. These diamonds are referred to as conflict diamonds or blood diamonds. The United Nations instituted a system of controlling diamonds that were taken from these groups by insisting that all of the legal diamonds must be accompanied by a certificate of sale as they moved through the system but the system has not worked well. Today, these blood diamonds total less than 2% of the overall market share.
Colored stones aren’t new to these rings however they have become more preferred in the recent times. Other designs include three stoned ring which have not one but three diamonds set together. Wedding bands are the ones which are exchanged by the couple during their wedding ceremony. In the past they were just meant for the girl, but these days an exchange is preferred. It’s generally a single gold or platinum band without any seam to mark the sanctity of marriage and the bond that will bring two people together sealed by love. These days bands encrusted with diamonds or some intricate carvings are also used.
The retail jewelry business is in a state of flux as the online retailers are making it very hard for the brick and mortar retailers to compete. When the many expenses such as rent, electricity, parking lot maintenance and print advertising as well as staff costs are considered, most of these business owners must be very concerned. The online retailer has the advantage of operating out of a warehouse, doesn’t need a fancy building or a huge parking area to make diamond ring sales. Once the website is set up it is ready to sell 24/7 his marketplace is open worldwide.
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