Synthetic Diamonds
Lab-Grown Diamond Bubble Bursts: Prices Plummet, Reshaping Global Diamond Market and Sparking Natural Stone Revival
The synthetic diamond market is currently in the throes of a dramatic collapse, with wholesale prices for lab-grown diamonds plummeting by as much as 96% since 2018. This precipitous decline, largely fueled by an overwhelming oversupply and rapid technological advancements in production, is sending shockwaves through the entire global diamond