Lab-grown diamonds see price drop, natural ones shine with sustainability: Report – ET Retail
In its recently released Diamond Facts Report, the Natural Diamond Council has said that laboratory-grown diamond (LGD) prices have dropped significantly, with a 1.5-carat stone declining 83% since 2015. Natural diamonds, with prices influenced by rarity, have shown a long-term annual growth rate of 3% since 1970 and a 2% yearly increase in rough diamond…