GIA acquires 30% of Tracr, De Beers's blockchain provenance platform, as natural diamond prices plunge and lab-grown stones grab market share.
De Beers reportedly cut rough diamond prices in January, a rare retreat by the industry’s once-dominant broker as slumping demand, lab-grown stones and trade turmoil batter the global diamond market.
Forbes contributors publish independent expert analyses and insights. Emma Sandler is a journalist covering beauty, fashion and wellness. The natural diamond industry has faced an upheaval over the ...
The jewelry industry’s most respected gemological authority has announced a change in how it will evaluate lab-grown gems. By Amy Elliott A certain type of engagement ring seems to have reached peak ...
The decline of diamonds as a store of wealth is accelerating as low-cost laboratory gems seize more of the market, eating into the share of mined stones and devaluing family heirloom jewelry. Not a ...
Since their widespread introduction to the market nearly a decade ago, lab-grown diamonds have carved out a substantial slice of the market. Industry analyst Paul Zimnisky recently told the news ...
Over the past five years, lab-grown diamonds have fundamentally reshaped the diamond jewelry industry, evolving from a niche product into a mainstream choice now accounting for more than 45% of all US ...