Diamond Prices

Diamond Prices Slump by 6% in 2024 | Five Reasons Why Diamond Demand is Declining

In 2024, diamond prices have declined by 6% according to Zimnisky’s global rough diamond index. The diamond prices hit a 14-year low in Mid Dec 2023 but have improved slightly since then. From economic uncertainty in the US to young couples who prefer lab-grown diamonds over natural diamonds, find out the five reasons why diamond prices are falling. Watch.

Diamond volumes may take a cut in next quarter: Titan Ind

The middle-class sentiment has witnessed weak consumer sentiment this time, said managing director, Bhaskar Bhat. In an interview to CNBC-TV18, he said there was a sluggish demand in the watches segment.

Petra sees diamond prices levelling after strong run

Petra Diamonds, the largest diamond producer on London's junior AIM market, expects diamond prices to level off over the next few months after a more than year-long resurgence in prices for the precious gems.

China, India demand to keep diamond prices firm: CRISIL

CRISIL believes that diamond prices, which have witnessed a sharp rebound over the past year, will remain firm over the medium term because of increasing consumption in the emerging markets of China and India and recovery in the US market.

Shrenuj & Co eyes 25-30% rev growth this fiscal

Shrenuj and Company has reported a sales turnover of Rs 523.23 crore and net profit of Rs 7.46 crore for the quarter ended December 2010. For the quarter ended December 2009, the sales turnover was Rs 273.42 crore and net profit was Rs 4.53 crore.