subject: Diamonds in our life [print this page] Diamond is extensively used in producing different kinds of jewelry like ring, set and etc. Diamonds is not only used for jewelry but also for different purposes as well. Diamond is also widely used in industry for different purposes. Due its characteristics is has great importance and used for cutting purposes. As hardness and unbreakable is property of diamond and that property make diamond ideal for cutting and crushing purposes. You can perform cutting and grinding on any hard material even a diamond can also cut a diamond as well. Cutting is also important when you are interested to give a new shape to a diamond but you have to have a lot of experience because both can be damage and it will be lost of great amount as diamonds are very expensive. So, due all these uses diamonds have great importance in our life.