The term diamond exchange typically refers to a place where diamonds are exchanged. Notable instances include: Israel Diamond Exchange, the diamond exchange center of Israel. Diamond Exchange District, a diamond district in the Israeli city of Ramat Gan.

Given good governance and appropriate laws, diamonds are a vital source of revenue for building infrastructure and essential social services such as hospitals and schools.

The Israel Diamond Exchange The Israel Diamond Exchange is the largest Diamond Exchange in the world and operates two large commercial halls (one for polished and one for rough diamonds), equipped with advanced and sophisticated technology, computer systems, internet and diamond weighing services.

An estimated US$13 billion worth of rough diamonds are produced per year, of which approximately US$8.5 billion are from Africa (approximately 65%). The diamond industry employs approximately ten million people around the world, both directly and indirectly, across a wide spectrum of roles from mining to retail.

Traditionally, because diamonds are so hard (scoring a 10 on the Mohs Hardness Scale)* and durable, their use has centred on cutting, drilling and polishing, and they are especially popular in the mining industry and in the military.

Surat Diamond Bourse Surat Diamond Bourse (SDB) is a diamond trade centre located in Surat, India and designed by the architecture firm Morphogenesis. It is the world's largest diamond trading hub with a floor space of 660,000 square metres (7,100,000 sq ft). The building is the world's largest office building, ahead of The Pentagon.

The top 5 countries that export the most diamonds are as follows:

• United States: 16% of total exported diamonds.
• India: 15.3%
• Hong Kong: 14.5%
• Belgium: 12.9%
• Israel: 12.4%

By Mandy YoutzFeb 11, 2021

• Diamonds are the earth's hardest natural substance.
• Diamonds form approximately 100 miles under the earth and are carried to the surface by volcanic activity.
• Diamonds are the only gems made of one element.
• Diamonds are found in every color of the rainbow.

10 Fascinating Facts About Diamonds

• It can rain diamonds.
• The Hope Diamond has shrunk.
• Cupid's arrows are tipped with diamonds.
• There are more diamonds on construction sites than on fingers.
• 5. “
• Diamond engagement rings were invented in 1477.
• Diamonds are billions of years old.
• They come from outer space.

It is not only good for women but also for men. If you are planning to propose then diamond engagement rings are the best option for you since diamonds bring harmony to marital life. Peace, intimacy, and emotional balance in marriage are driven by diamonds.

Those who love this stone like to use it for wedding and engagement rings. However, this gem can be used in all varieties of jewellery. In order to increase the natural beauty and sparkle, diamonds are even placed in metal jewellery. Most commonly, however, they are placed in yellow and white gold, or platinum.

TOP 5 Diamond Exchanges of the World

• Ramat-Gan (Israel) December 8, 1937 - the first Diamond Club in the world started working in Israel and is considered to be the countdown of the history of the Israeli Diamond Exchange.
• Antwerp (Belgium)
• London (Great Britain)
• Toronto (Canada)
• Mumbai (India)