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High gold prices spur diamond demand

Last updated on: December 28, 2009 13:20 IST

High gold prices spur diamond demand

Surging gold prices have spurred demand for diamond in India with buyers expecting high returns from the jewellery.

Contrary to general perception, diamonds offer higher returns in terms of investment compared to gold.

Apart from diamonds, platinum is also in high demand, thus replacing gold.



Source: ANI