Wedding Season: Global diamond conglomerate De Beers as well as local chains such as Senco Gold & Diamonds and Malabar Gold & Diamonds estimate the increase in demand for solitaire, or one-piece, diamonds in India to as much as 20% compared with the pre-Covid period.
Global diamond conglomerate De Beers as well as local chains such as Senco Gold & Diamonds and Malabar Gold & Diamonds estimate the increase in demand for solitaire, or one-piece, diamonds in India to as much as 20% compared with the pre-Covid period.
The fall in prices follow two record-breaking years in rough diamond sales. In 2021 and 2022, demand for natural diamond jewellery was at an all-time high.