You and I, you and I
We're like diamonds in the sky

from Rihanna – Diamonds Lyrics on Rap Genius

Meaning

When looking into the night sky, the stars tend to look like diamonds. she is saying, “You and i are stars in our own right.”

The love between the two will never disappear because it can be compared to stars in the night sky (which will never go away) “diamonds in the sky”

The line “like diamonds like in the sky” is Rhi calling her and her love stars; while shouting out the classic nursery rhyme.

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