The lab-grown diamond market has bifurcated, with roughly half of buyers preferring lab-created stones for their perfection, while the other half seek the uniqueness of natural diamonds.
Lab-grown diamonds are gaining popularity as they become cheaper, but paradoxically, consumers are spending more than ever on larger, more expensive natural diamonds.
The average natural diamond sold for around $6,628 this year, significantly higher than previous norms, showing a shift in consumer willingness to spend.
Lab-grown diamonds, while offering larger options and savings, have limited resale value, leading many globally to continue favoring natural stones for significant purchases.
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