Diamond falls in Class 14, jewelry & watches, and depending on what exactly you sell it can also fall in Class 7 or Class 40 or Class 42. Everything below is read from the USPTO's own list of accepted descriptions, not from an opinion about where it belongs.
Searching the USPTO Trademark ID Manual for diamond returns 27 accepted descriptions, and most of them sit in Class 14. The manual is the list of identifications the office has already approved, so wording taken from it is pre-approved and settles the class at the same time.
The class follows from the identification you write, so "what class am I in" is really "what exactly do you sell". How the class system works covers the rest.
Jewelry, watches, precious metals, or gemstones.
13 accepted descriptions in the manual mention diamond. For example:
Machines, power tools, motors, or engines (other than for land vehicles).
4 accepted descriptions in the manual mention diamond. For example:
You treat, process, or custom-make materials and goods for others.
3 accepted descriptions in the manual mention diamond. For example:
Software as a service (SaaS), app development, IT, design, or science and engineering services.
2 accepted descriptions in the manual mention diamond. For example:
Diamond appears in 4 classes because what you make, what it is made of and the service of selling it are separate classes. Pick the descriptions above that match what you actually do.
Making diamond is Class 14; a shop or online store that sells it is retail store services (Class 35), and a business that does both files in both.
Jewelry and watches. Watch straps and jewelry boxes stay in this class. Handbags are Class 18 however well they match, and a smartwatch strap is Class 9 because it goes with the electronics.
The class decides what a registration covers; it does not decide whether the name is available. Relatedness is judged on the identifications, so a conflict can sit in a class you never looked at: the same name in a different industry.
Check whether your name is clear for diamond Searches the live USPTO register, including sound-alike and meaning-alike names. First search $2, then $5.Diamond sits in Class 14, jewelry & watches. That is where the USPTO's own ID Manual puts it: 13 accepted descriptions mentioning diamond fall in Class 14. Depending on exactly what you sell it can also fall in Class 7 or Class 40 or Class 42.
You file in every class you actually use the mark in, and the USPTO charges its fee per class. Selling a product and also running an online store for it is two classes, not one. Filing in classes you do not use is worse than filing in too few: an application has to be supported by real use or a genuine intent to use.
No. The class decides what a registration covers. Availability turns on whether someone already holds a similar mark for related goods, and relatedness is judged on what the identifications say rather than on the class number, so marks in different classes can still conflict.
Not what you sell? Search the class finder for your own wording, or browse all 45 classes.