Lab-grown diamonds are also being used for money laundering. Late last year, Indian and Hong Kong customs revealed a joint operation in which they discovered “cheap synthetic diamonds were being ...
The man-made diamond boom is over, and prices for ultra-trendy lab-grown diamonds are set to tumble this year, industry veterans say. Paul Zimnisky, a leading diamond analyst, foresees jewelers ...
Where there has been a shift in recent years, though, is in the purchasing practices of younger consumers, more of whom are choosing lab-grown diamonds over mined diamonds. According to data by ...
Lab-grown diamonds are known by several different names, including synthetic diamonds, man-made diamonds, and cultured diamonds. They have the same physical properties of natural diamonds because ...
Diamonds are the symbol of eternal beauty, an anecdote to cherishing moments, and a sparkling touch of elegance. However, such a precious gem should not come at the cost of our integrity - our ...
The oversupply problem isn’t confined to India. Globally, LGD prices have dropped around 70% from over $5,000 per carat in 2016 to $1,425 in 2023. Meanwhile, natural diamonds face dwindling ...
While the demand for lab-grown diamonds has not gained significant traction in Western markets, they could resonate more in India due to the country’s price-sensitive market, according to Saurabh ...
The online jewelry brand makes statement pieces that would fit right in at an awards show, yet because they're mostly made from lab-grown white sapphires and plated sterling silver, the prices ...