- Buying a diamond is about getting more expensive, industry experts told Business Insider.
- That’s due to a number of pandemic distortions that are finally working their way out of the industry.
- Prices could rise as much as 10% over the next year, some analysts say.
Buying a diamond is about to become more expensive.
Blame a myriad of factors that are boosting the market, including tighter supply, hotter demand, and a wave of couples who are expected to get cuffed