The diamond is one of the best-known and most sought-after gemstones. Diamonds have been known to humankind and used as decorative items since ancient times; some of the earliest references can be traced to India.

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One of the characteristics of diamonds that make them so desirable as jewelry is their tendency to disperse white light into its component colors, giving the diamond its characteristic "fire". Diamonds are such a highly traded commodity that multiple organizations have been created for grading and certifying diamonds based on the four Cs which are carat, cut, color, and clarity. Other characteristics, such as shape and presence or lack of fluorescence also affect the desirability and thus the value of a diamond used for jewelry.
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