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Lab-grown diamonds put natural gems under pressure

The glittering diamonds sparkle the same but there are key differences: mined natural gems are more than a billion years old, while laboratory-made rocks are new and cost less than half the price.Man-made gems are reshaping the $89 billion global diamond jewellery market, especially in the west Indian city of Surat where 90 percent of the world's diamonds are cut and polished.

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Lab-grown Diamonds Put Natural Gems Under Pressure

The glittering diamonds sparkle the same but there are key differences: mined natural gems are more than a billion years old, while laboratory-made rocks are new and cost less than half the price.

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Lab-grown diamonds put natural gems under pressure, Retail News, ET Retail

Lab-grown diamonds are reshaping the global diamond jewelry market, with production volumes growing rapidly. They offer lower costs, clean records, and are gaining popularity for engagement rings. The industry has faced challenges, but falling prices have spurred demand, especially in Mumbai.

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Pierre City Commission to discuss 2024 curb and gutter project, outdoor pool sidewalk during meeting tonight

Lab-grown diamonds put natural gems under pressure

Lab-grown diamonds put natural gems under pressure
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