Supply glut, lab-grown alternatives: What's behind the fall of diamond prices to record lows
Why now
Thesis: Lab-grown substitution is structurally repricing diamonds
Catalyst to watch: Further price declines or miner output cuts
Main risk: Demand weakness spreads to broader luxury
Why it matters
Record-low diamond prices reflect weak discretionary demand and lab-grown substitution, pressuring gem miners and luxury retail.
Details
Diamond prices are falling, leading investors and others to wonder whether the gemstones are losing their luster.
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- cnbc · 2026-09-26 13:09 UTC