Precious Little Diamond is a song by Dutch funk band Fox the Fox, originally released in 1984. The single peaked at # 5 in Germany and the US and became a hit in France, UK, Italy, Belgium and the Netherlands too.

George Michael was a huge fan of the song and introduced the band to CBS Records in 1984. Dieter Bohlen from Modern Talking has been cited with this song as the inspiration for using falsetto choruses in his songs.

In 2013, the song was sampled in The Weeknd's song "Wanderlust". The Weeknd sampled the melody, the original chorus and a part of the original lyrics.

This 12-inch includes the Shep Pettibone remix and Ben Liebrand remix. The audio is remastered at Artone Studios and the limited edition of 500 copies on transparent vinyl are cut on 45RPM.