Diamond Prices

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 prices are spiking amid sanctions, as India’s merchants want more

The price of a small rough diamond, the type that would end up clustered around the solitaire stone in a ring, has jumped about 20% since the start of March.

Forever Mark eyes 30% sales growth in India this year

"In India the demand has been explosive over the years. We saw about 35 per cent growth in 2015 in India but this year we are cautious with our estimates as the first half was hampered with jewellers strike that affected sales," Forever Mark CEO Stephen Lussier told PTI here.

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.

De Beers sees 2011 diamond price growth shy of 2010

Rough diamond prices are expected to rise further this year, but will not match last year's sharp double-digit percentage rebound, which was boosted by restocking from jewellers, the head of De Beers sales division said on Monday.