If you’re looking for a diamond, the first question is where to start. India’s diamond markets are huge, with Surat leading the pack. But it’s not just about location – price, quality and timing matter too. Below we break down the basics so you can shop with confidence.
Most rough diamonds that end up in Indian shops are mined in Africa, Russia or Canada. They travel to cutting hubs like Surat, which processes more than 90% of the world’s polished stones. Because Surat handles such volume, you’ll find a wide range of prices – from affordable 0.1 carat stones to high‑end 5‑carat gems.
Price changes follow global demand, currency swings and seasonal buying patterns. When the US dollar weakens against the rupee, Indian prices often dip, giving buyers a chance to save. Likewise, the months before major festivals (Diwali, Navratri) see a surge in purchases, which can push prices up.
Never rely on the price tag alone. Look for the 4 C’s – Carat, Cut, Colour and Clarity – and make sure the seller provides a GIA or IGI report. A clear hallmark tells you the metal purity if the stone is set in gold or silver.
Ask the jeweller about the origin of the stone. Reputable shops, like RH Jewellers, keep records of where each diamond was cut and can show you the grading certificate. If a dealer can’t produce this paperwork, walk away.
Check the setting too. A well‑crafted setting protects the stone and adds value. Simple gold settings let the diamond shine, while intricate designs can hide flaws. Make sure the metal matches your style – 22K gold (875) is common in India and offers a warm look.
Finally, compare prices online before you visit a store. Many Indian retailers list their inventory on their websites, making it easy to see how a certain carat weight and quality are priced across the market.
In short, buying a diamond in India isn’t hard if you know the basics. Spot the right hub, watch price trends, verify certifications and choose a trustworthy seller. When you follow these steps, you’ll get a stone that looks great and holds its value for years to come.
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