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[quote=Anonymous][quote=Anonymous]Really interesting article about the difference. https://markets.businessinsider.com/news/commodities/lab-grown-diamond-prices-engagement-rings-carat-value-outlook-jewelry-2024-2 Basically, labs are worthless and the prices are down 90%. Jewelers claim that couples are coming in 3 to 5 years after they bought lab to get a smaller natural diamond.[/quote] Wow I can not find anyone saying natural diamonds will recover. Certainly no trend about couples buying natural diamonds over labs. [quote] Today, as the supply chain normalizes—and the traditional three-year cycle of engagement to marriage reemerges—prices are collapsing as a result of several recent trends. First and foremost, the massive success of lab-grown diamonds (LGDs) has reduced prices for natural stones well beyond what the mining industry had expected, driven largely by consumers who want more affordable options. Second, in the context of rising environmental, social, and governance (ESG) concerns, consumers are looking for improved sourcing traceability for their gems. And third, industry players are navigating sanctions against products from Russia, a major rough-diamond producer.[/quote] https://www.mckinsey.com/industries/metals-and-mining/our-insights/the-diamond-industry-is-at-an-inflection-point If anything natural diamond prices are falling fast and hard with no recovery in the future. In anything it gives more reasons to stay away from natural diamonds. That natural diamond you bought a few years can be bought now for a lot less from De Beers.[/quote]
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