• Prince Harry at the the Community Recording Studio at Russell Youth Centre on in Nottingham, United Kingdom and Meghan Markle at the P.S. Arts' The pARTy at NeueHouse Hollywood in Los Angeles, California.

Prince Harry at the the Community Recording Studio at Russell Youth Centre on in Nottingham, United Kingdom and Meghan Markle at the P.S. Arts' The pARTy at NeueHouse Hollywood in Los Angeles, California. (Photo : Getty Images/ Richard Stonehouse & Alberto E. Rodriguez)

Prince Harry is undoubtedly one of the most eligible bachelors in the world. However, reports suggest that the 32-year-old British royal is no longer single and is secretly dating American actress Meghan Markle.

Harry and Markle, who is best known for playing the role of Rachel Zane in the legal drama, "Suits," have reportedly been spending a great deal of time together, including secret dinners and private walks by the pond. If the rumors are anything to go by, Harry has also introduced the 35-year-old actress to the Duke and Duchess of Cambridge.

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A source told a U.K. publication that the Prince, who is fifth in line to the throne, is head over heels in love with Markle and is the happiest he has been in years. "He's in a very relaxed period of his life and Meghan has come along at the right time," the source told the Daily Express. "They are taking each week as it comes and just enjoying each other's company but it's fair to say that they love seeing each other and there's a definite chemistry between them."

The insider also noted that the Prince of Wales wants to keep the relationship discrete because he does not want to scare off his ladylove and he is afraid that things will change once the relationship becomes public knowledge. The source also pointed out that the blossoming romance is still in its early stages and they are taking things slow.

The pair first met in May in Toronto, Canada. Harry was in the city to promote the 2017 Invictus Games for disabled service men and women while Markle lives in Toronto, where "Suits" is being filmed.

Both Meghan and Harry are both heavily involved in humanitarian work. The actress has been visiting African nations as an advocate for UN Women as well as a World Vision Global Ambassador over the past year while the Harry has been busy with the "500 Elephants" initiative in the continent.

Speculation about Harry and Markle's romance gained momentum after the British royal and the American actress were spotted wearing the same beaded bracelet. This led many to believe that it was a gift from the Prince, according to Hello!.

For more details on the Harry and Markle's budding romance, watch the video below: