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Natural diamond prices plunge 46% worldwide but India wedding demand keeps them resilient
Economy
Published on 24 April 2026
In India, wedding culture and gold prices cushion the fall
Global natural diamond prices have dropped sharply, with Alrosa’s shares down 77% and Anglo American booking a fresh $2.3 billion impairment on De Beers. Yet India’s wedding traditions—and rising gold prices—appear to be buffering demand, keeping diamonds marketed as “forever” even as the global shine fades.
- Global natural diamond prices have fallen 46%
- Alrosa shares slide 77% amid market stress
- De Beers faces a new $2.3 billion impairment at Anglo American
- India’s wedding demand and gold trends may offer a buffer
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times