Venus rules mundane pleasures and sensory enjoyments. He rules Poetry and Rhetoric. Music is also represented by this fair planet.
For Libra, Diamond should not be used, as Venus is the 8th lord. But a good gemologist can sometimes take a risk and prescribe Diamond, as Venus is the Ascendant lord also, provided Venus is powerful in Sthana Bala.
For Scorpio, Diamond should not be used, as Venus is the 12th lord and the lord of the seventh and hence tainted by Angular ownership. I have never prescribed Diamond to any Scorpian.
For Sag, normally Diamond is not recommended, as Venus is the 6th lord. But if Venus is powerful enough to cause Raja Yogas or Malavya Yoga, Diamond can be recommended
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