The diamond industry is undergoing a significant transformation with the emergence of lab-grown diamonds, such as a 1.2ct Cushion H-VS1 offered at just $2,987. These man-made diamonds, indistinguishable from their mined counterparts in sparkle and appearance, are reshaping the $89 billion global diamond jewelry market. A notable impact is seen in the west Indian city of Surat, known for cutting and polishing 90 percent of the world's diamonds. The affordability, with costs less than half of natural gems, and ethical appeal of lab-grown diamonds are putting traditional mined diamonds under pressure, signaling a potential shift in consumer preferences towards more sustainable and cost-effective options.
VIDEO: 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. https://t.co/t5KywYqpbc
VIDEO: 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. https://t.co/bzL7i7N5St
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 https://t.co/UGkPHbQlr6 https://t.co/7WC4yL9BEI
Man-made gems are reshaping the $89 billion global #diamond jewelry market, especially in the west Indian city of Surat, where 90 percent of the world’s diamonds are cut and polished. #India https://t.co/uQtETCUgpE
Why These Lab-Made Diamonds Cost Half As Much But Sparkle Like Real Gems https://t.co/fJIyT3Tkji
Compare diamond prices and discover the best value at https://t.co/d6P8dp1vI6 1.2ct Cushion H-VS1 for just $2,987. #cushioncut #diamonds https://t.co/Wu6zlBrrki