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| Weight (Ct) | Low (Commercial) | Mid (Standard) | High (Premium) |
|---|---|---|---|
| 1 Carat | ₹53,240 | ₹60,500 | ₹73,810 |
| 0.75 Carat | ₹39,930 | ₹45,375 | ₹55,358 |
| 0.5 Carat | ₹26,620 | ₹30,250 | ₹36,905 |
| 0.25 Carat | ₹13,310 | ₹15,125 | ₹18,453 |
| 0.1 Carat | ₹5,324 | ₹6,050 | ₹7,381 |
| Month | Average Rate | Price Change |
|---|---|---|
| 01 Jan 26 | ₹60,500 | + ₹2,000 |
| 01 Dec 25 | ₹58,500 | - ₹1,000 |
| 01 Nov 25 | ₹59,500 | + ₹1,000 |
| 01 Oct 25 | ₹58,500 | - ₹1,000 |
| 01 Sep 25 | ₹59,500 | -- |
| 01 Aug 25 | ₹59,500 | - ₹1,000 |
| 01 Jul 25 | ₹60,500 | + ₹1,000 |
| 01 Jun 25 | ₹59,500 | - ₹1,000 |
| 01 May 25 | ₹60,500 | - ₹3,000 |
| 01 May 24 | ₹63,500 | + ₹2,000 |
| 01 Apr 24 | ₹61,500 | + ₹2,000 |
| 01 Mar 24 | ₹59,500 | - ₹1,000 |
Mumbai is India’s most influential diamond trading and jewellery retail hub. The city connects global diamond supply with domestic demand. Buyers in Mumbai range from retail customers to high-volume traders. This guide explains how diamond prices are determined in Mumbai, how taxes affect final costs, where diamonds originate, and how availability differs across Mumbai and major districts of Maharashtra.
Diamond pricing in Mumbai reflects both international market movements and local trading activity. The city’s pricing structure remains closely linked to global diamond exchanges and wholesale networks.
Every diamond sold in Mumbai is evaluated using four internationally recognized quality factors.
Even minor changes in these characteristics can lead to significant price differences.
Mumbai jewellers follow international price frameworks and adjust them based on local demand, exchange rates, and inventory flow. The presence of wholesale trading hubs allows competitive pricing, especially for certified stones.
Demand increases during wedding seasons, festive months, and investment-driven buying cycles. Premium diamonds often see higher turnover during these periods.
Mumbai offers extensive availability of both natural and lab-grown diamonds. Natural diamonds remain dominant in luxury jewellery and investment categories.
Lab-grown diamonds attract buyers seeking modern designs and cost efficiency. These diamonds are widely used in contemporary jewellery collections.
Diamond prices in Mumbai vary based on quality, certification, and carat weight. The following table outlines approximate price ranges for loose diamonds available in the city.
| Carat Weight | Approx Price Range (₹) |
|---|---|
| 1 Carat | ₹54,000 – ₹64,000 |
| 0.75 Carat | ₹40,500 – ₹48,000 |
| 0.5 Carat | ₹27,000 – ₹32,000 |
| 0.25 Carat | ₹14,000 – ₹16,500 |
| 0.1 Carat | ₹5,500 – ₹6,500 |
Final jewellery prices rise when gold weight, intricate craftsmanship, and brand value are added.
Understanding taxes helps buyers estimate total purchase cost accurately.
GST applies to finished diamond jewellery in Mumbai. The tax is calculated on the total value, including making charges. Loose diamonds usually attract minimal tax.
Making charges depend on design complexity and craftsmanship quality. Designer jewellery often carries higher charges due to specialized workmanship.
Buyers should request a clear price breakdown before finalizing the purchase.
Mumbai plays a central role in India’s diamond import and distribution network. Rough diamonds arrive from international mining regions and enter India through established trading channels.
Many diamonds are then cut and polished in nearby processing hubs. After finishing, stones move to Mumbai’s wholesale and retail markets.
Mumbai offers unmatched availability of diamonds across all categories. Buyers can find loose stones, bridal jewellery, luxury collections, and daily-wear designs.
Most jewellers maintain extensive inventories and provide customization services. Certification remains standard practice for quality assurance.
Mumbai has several prominent jewellery districts known nationwide.
These markets cater to wholesalers, retailers, and end consumers alike.
Diamond pricing across Maharashtra follows similar trends with slight regional variations.
Mumbai remains the primary pricing benchmark for the state.
Mumbai stands at the center of India’s diamond trade, offering unmatched selection and competitive pricing. Buyers benefit from strong supply chains, certified stones, and diverse jewellery options. Understanding pricing methods, taxes, and market dynamics helps ensure a confident and informed diamond purchase in Mumbai.