Lab-grown diamond gains popularity: industry analysts

NAMPA / Xinhua

2024-11-27

NEW YORK, Nov. 27 (Xinhua) -- While lab-grown diamonds have been around since the 1950s, they have increased in popularity in the past five years and now make up an estimated nearly 20 percent of the global diamond jewelry market by value sold, according to diamond industry analyst Paul Zimnisky. They're typically much cheaper than natural stones, according to data from jewelry analytics company Tenoris, and consumers are attracted to those lo......

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