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Economy News

The Economic Times

Economy / The Economic Times

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Natural diamonds are shining again as De Beers-led supply cuts lift prices

Natural diamond prices are experiencing a significant rebound, climbing 5-8% year-on-year, driven by reduced supply from major miners and renewed investor interest. Solitaires are increasingly seen as an asset class, with younger generations like Gen Z and millennials leading the demand, viewing them for both aspirational value and investment potential due to their inherent rarity. India plays a crucial role, now accounting for 12% of global diamond demand value.

25 Jun 2026 12:32 am