💎 Synthetic Diamonds Disrupt Natural Diamond Market The natural diamond market is collapsing as synt

💎 Synthetic Diamonds Disrupt Natural Diamond Market

The natural diamond market is collapsing as synthetic stones become mass commodities. Like pearls a century ago, diamonds are losing elite status.

Lab-grown diamonds will be widely available with minimal markups as production costs fall. A diamond bracelet that cost $1 million two decades ago now sells for the price of a used Rolex.

Natural and lab-grown diamonds are nearly identical. Attempts to differentiate them with expensive equipment won’t change their everyday similarity.

Buyers still pay a premium for natural diamonds, but prices have dropped by 50% in real terms over four years. This was limited by a 20% production cut, from 120 million to 98 million carats, to support prices amid market divergence.

✅@futures