With several institutes offering specialized courses in this field, jewelry designing is no longer a family trade but a lucrative career option for first-generation gemologists who can cater to a niche market for custom-made and designer jewelry. And other professionals are like gem appraisers. Jewelry designing has come out of the closet; it is no longer a cloistered trade carried out by semi-literate goldsmiths in family vaults. Also passed down like a well-kept secret from generation to generation.

Brilliant square princess cut diamonds in engagement rings and diamond stud earrings are de-rigueur. As time progressed into the Middle Ages, diamonds were more often viewed as items of value rather than items of mystical healing powers. Square cut diamonds add a modern touch to bands, pendants and drop earrings as well. As a result of the growing demand and value of diamonds, mine owners began spreading rumors that diamonds were poisonous if swallowed.

While individuals often pay more for a fancy gemstone, white diamonds with a slight hint of color will be less expensive than truly colorless diamonds. Clarity and weight are other important qualities when it comes to diamonds. The modern diamond comes in a wide range of prices, meaning that almost anyone can afford a diamond of some kind. Unlike the brown and yellow diamonds, blue diamonds are not as common in nature.

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