"Raining Diamonds" was released digitally on 18 October 2011 as the lead single from Coulter's third studio album Fear & Freedom (2012).

"[1] "Raining Diamonds" peaked at number 19 on the ARIA Singles Chart and was certified platinum by the Australian Recording Industry Association for selling over 70,000 copies.

Coulter's third studio album, originally titled Hear No, See No, Speak No, was scheduled for release in November 2009,[3] but was later pushed back to January 2010.

"[5] In 2010, Coulter took a break from her music career as she took on a full-time position as a breakfast radio presenter for Sydney's Nova 96.9, alongside Merrick Watts and Scott Dooley.

[6] In an interview with Auspop, she stated that "Raining Diamonds" was originally planned to be released through the label, but they "fell into financial trouble.

[5] Mann had previously heard Coulter's single "Can't Touch It" (2007) and invited her to New York City to work with him.

"[1] According to Cameron Adams of the Herald Sun, "the song details Ricki-Lee's path to self-discovery and self-worth, following a public divorce and now a two-year relationship with personal trainer Rich Harrison.

In April–May 2014, Coulter was the supporting act for Jason Derulo's Australian leg of his Tattoos World Tour, where she performed the song as part of her set list.

[20] The futuristic-themed video features Coulter, wearing a metallic leotard with pointy shoulder pads, channelling a warrior princess.