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by robertritz 647 days ago
My wife runs a jewelry business (in Asia not the USA). Natural diamonds are still in high demand and it's usually younger people getting the lab diamonds. Mostly beacuse of price.

Most people want the nicest thing they can afford in the moment, whatever that is.

2 comments

I expect natural diamonds to go down in demand in the coming years not because they're more expensive, but more because of the horrible working conditions of miners. Perhaps they might be taboo in the future, "Oh you have a natural diamond, what did a child slave mine that?"
Earlier this year I bought an engagement ring for my now wife. I ended up getting a lab diamond on Rare Carat for way less than what jewelry stores charge. IIRC the ring cost about $1.8k and if I were to get a natural diamond that price would have been closer to $4k.