Lab-grown diamonds are also being used for money laundering. Late last year, Indian and Hong Kong customs revealed a joint operation in which they discovered “cheap synthetic diamonds were being ...
Where there has been a shift in recent years, though, is in the purchasing practices of younger consumers, more of whom are choosing lab-grown diamonds over mined diamonds. According to data by ...
Lab-grown diamonds are known by several different names, including synthetic diamonds, man-made diamonds, and cultured diamonds. They have the same physical properties of natural diamonds because ...
Diamonds are the symbol of eternal beauty, an anecdote to cherishing moments, and a sparkling touch of elegance. However, such a precious gem should not come at the cost of our integrity - our ...
The oversupply problem isn’t confined to India. Globally, LGD prices have dropped around 70% from over $5,000 per carat in 2016 to $1,425 in 2023. Meanwhile, natural diamonds face dwindling ...
The online jewelry brand makes statement pieces that would fit right in at an awards show, yet because they're mostly made from lab-grown white sapphires and plated sterling silver, the prices ...
While the demand for lab-grown diamonds has not gained significant traction in Western markets, they could resonate more in India due to the country’s price-sensitive market, according to Saurabh ...