The collapse of synthetic diamond prices, partly due to a fl...
The collapse of synthetic diamond prices, partly due to a flood of new supply, has undermined De Beers' venture into lab-grown diamonds. The impact of synthetics has caused significant collateral damage, with natural stones used in cheaper 1 to 2 carat wedding rings seeing a price tumble. The long-term impact of synthetics on the diamond industry remains a point of debate.
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Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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