Diamond Prices Are Only Going to Go Up: Ryder Diamonds CEO

The video discusses the impact of COVID-19 on the diamond industry, highlighting a sharp decline in prices due to factory closures in India. It explores how consumer behavior shifted during the pandemic, with increased discretionary income leading to more diamond purchases. The video also addresses the challenges of investing in diamonds, noting the lack of a strong secondary market. It examines the rise of online shopping and market trends, and offers tips for buying diamonds, emphasizing the importance of understanding diamond grading and quality.

What impact did COVID-19 have on the diamond industry according to the text?

What factors influence the resale value of diamonds according to the discussion?

How has consumer behavior changed regarding diamond purchases during the pandemic?

What are some tips mentioned for buying a diamond?

Why is it a mistake to believe that two diamonds with the same certificate grade are identical?