Lab-grown diamonds are upending a centuries-old luxury market, sending prices tumbling and forcing miners, jewellers and consumers to rethink what makes a diamond valuable. Gold could be next.
The Diamond Standard Index, listed on Bloomberg under the symbol DIAMINDX, hit new all-time lows in the first half of August as affordable, man-made diamonds eroded the rarity premium that underpins natural diamond prices. “The technological progress in lab-grown diamonds has been astonishing. It’s no surprise that most […] The article Natural Diamond Market Falls Rapidly, Under Pressure from Lab-Grown Diamonds first appeared on CursDeGuvernare.…