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[quote=Anonymous][quote=Anonymous]They are kind of “just done” if you are referring to a market for luxury goods. The inflated price ofmined diamonds, kept in place by Debeers all of these years, is over thanks to lab grown diamonds.

But people are not going to stop wearing them, because they’re pretty. They are shiny and sparkly and beautiful. So people will still wear them. The question is this – is the price is going to come down so much further that you will be kicking yourself in five years for spending $5000 on a bracelet because the same quality bracelet is now $150? That’s the question. And I can’t really answer it. I can tell you that it will be cheaper five years from now, but not how much.

Also, diamonds are probably over completely as a status symbol. Jewelry as a status symbol will probably shift to heavy gold and platinum, and intricate work done in those metals and/or with gemstones by really high-quality jewelry designers and goldsmiths.

Hope this helps.[/quote]

Not the OP, but appreciate your insights here. Are you able to share some examples of the intricate heavy gold/platinum work? Would appreciate it.[/quote]

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