Diamond खरीदना सस्ता! पूरी दुनिया में डायमंड की कीमतों में भारी गिरावट, क्या है वजह? GoodReturns

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Diamond Prices Fall : पूरी दुनियाभर में कच्चे हीरे की कीमतों में गिरावट देखने को मिली है इसका सबसे बड़ा कारण ये है कि महामारी के बाद से कई कन्ज्यूमर्स ने लग्जरी आइटम्स से दूरी बना ली है. साल 2021 और 2022 के मुकाबले इस साल बाजार में नरमी देखने को मिल सकती है जिससे आने वाले सालों में कच्चे हीरे की कीमतों में सुधार हो सकता है.

#commodities #diamond #diamonds #jewellery #naturaldiamond #labgrowndiamond
~PR.147~ED.148~GR.124~HT.96~

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00:00Diamond is forever. You must have read and heard this line many times.
00:09The poems of the diamond shine are read and it is considered priceless.
00:14But in the past two years, the diamond has been shining for itself.
00:17The constant decline in the price of diamonds has forced us to think that is the diamond shining for itself?
00:24Is the diamond ruining people's desires?
00:27The figures of the past two years are indicating something like this.
00:32So what are the reasons behind the decline in the price of diamonds?
00:35We will try to understand in this video.
00:37Hi, this is Bhavna and you are watching GoodReturn.
00:40So in the past two years, the price of diamonds in the Indian market has seen a big decline.
00:45Lab-made diamond, also known as lab-grown diamond, has also fallen in the price of natural diamonds.
00:52In the past two years, the price of lab-grown diamonds has fallen by 4 times.
00:57In July 2022, the price of lab diamonds was Rs. 300, i.e. Rs. 5,000 per carat.
01:03Which fell in July 2024 and has reached only Rs. 78, i.e. Rs. 6,529 per carat.
01:12If we talk about natural diamonds, then in the past two years, the price of it has also fallen by 25-30%.
01:19High import and low demand have ruined the balance of diamond prices in the country.
01:25According to businessmen, the price has fallen so much that it has become difficult for them to do business.
01:30The loss has increased so much that they are not able to complete the order.
01:33People associated with the diamond industry are seeing a lot of effect on labors.
01:39The rise in gold prices, the recession in the US economy and other Western countries,
01:44and the sudden change in China's buying pattern did not help in this either.
01:50People associated with the industry say that from 38,000 labors working in Surat,
01:55to small, medium enterprises and large enterprises, everyone has suffered a loss.
02:01Due to the decrease in the price of diamonds, orders are being made at a low price.
02:05This is causing a loss to diamond businessmen.
02:08This year, in February, the import of raw diamonds from India increased and the industry felt that it was going to improve.
02:15However, this hope did not last for many days.
02:19Experts say that there is a high supply of diamonds in India now.
02:23According to experts, small and cheap quality defective diamonds have lost their shine.
02:32They have to face more competition than lab-grown stones.
02:41In this way, the demand for diamonds from the global market is low at a higher level.
02:46At one time, China was at fault for not having any defective diamonds.
02:51The natural diamonds mined in this way used to be a big buyer.
02:58Now it has also turned its back on these diamonds and stopped showing interest in it.
03:03If we talk about China, now only 10-15% of China is buying diamonds compared to before.
03:09China itself is struggling with financial challenges, in this way it has reduced the purchase of diamonds.
03:15In addition, people are moving away from luxury items after Covid.
03:19The decline in the demand for diamonds and the difficulties of industries, labors and workers associated with it are increasing.
03:25The decline in the demand for diamonds also affected its export.
03:28This year, the total export of gems and jewelry during April-May was Rs. 4,691.6 million, i.e. Rs. 39,123 crore.
03:38Which was about 5.9% less than last year.
03:44If we talk about cut and polished diamonds, their export has also fallen by 15.5%.
03:51While the export of polished lab diamonds was less than Rs. 241.6 million in a year and was Rs. 204.2 million.
04:01That is, there has been a dip of about 15% in this as well.
04:04The effect of the decrease in the demand for diamonds is visible on its price.
04:08The price of diamonds is continuously falling, the biggest loss of which is happening to diamond traders.
04:14Because they bought diamonds at a high price, but now its price has decreased.
04:18So in such a situation, the purchase of diamonds, which now has to be sold at a lower price, is causing a loss.
04:24Its effect is also visible on the workers associated with the jewelry sector.
04:28Look, the gems and jewelry sector praised the government for reducing the import duty from 15% to 6% in the budget of 2024.
04:36However, they believe that gold-stocked traders will suffer a loss in the short term.
04:42These traders bought it at high prices and now have to sell it at a low price.
04:47Let me tell you that in the gems and jewelry sector, 50 lakh people work and many of them come from a very marginalized class.
04:55In such a situation, it is such a labor-intensive sector that whatever the government does in it, it will affect lakhs of laborers.
05:04So in its prices, a lot of dip has been seen in 2 years.
05:08A dip of about 25-30% has been seen and it is believed that in the coming time, people associated with this industry can suffer a loss and can dip more in the price of diamonds.
05:21You, diamond or gold, who will you choose?
05:25Do tell us in the comments which investment deal you think is better.
05:29You can share your views with us on this.
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