"Diamonds and Pearls" is the title track of American musician Prince and The New Power Generation's 1991 album and was released as a single in November 1991. The song is an upbeat ballad, given a rock edge with guitar and heavy drumming. It also features the vocals of NPG member Rosie Gaines. The ballad is an expression of love and not lust, as is the theme on some of the other singles from the album. It was a top 10 hit, reaching number three in the US and the top spot on the R&B chart. The pearls in the accompanying music video come from Connie Parente, a Los Angeles jewelry collector and designer.

Diamonds and Pearls is the thirteenth studio album by American recording artist Prince, and the first with his backing band The New Power Generation. It was released on October 1, 1991, by Paisley Park Records and Warner Bros. Records. The album produced several hit singles, including "Gett Off", "Cream", "Money Don't Matter 2 Night", "Insatiable", and the title track. Dancers Lori Werner and Robia LaMorte, known as "Diamond" and "Pearl" respectively, appeared on the holographic cover. Diamond and Pearl also appeared in the music videos for "Cream", "Strollin'", "Gett Off", and the title track, and also participated in Prince's Diamonds and Pearls Tour.