1. Natural diamonds regain their sparkle after three years of price drops and stagnation

Natural diamonds regain their sparkle after three years of price drops and stagnation

Business

  • De Beers reported a revival in demand for natural diamonds this year, implying a positive shift in the market.
  • The company said its recent sales figures show a 15% growth in sales.
  • Natural diamond prices have fallen by 20-30% since 2021 due to the influx of lab grown diamonds.
  • The prices of small diamonds have been most effected due to lab grown diamonds.

Source: retail.economictimes.indiatimes.com

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