The diamond industry will remain under pressure as geopolitics and the rising popularity of lab-grown cause a fundamental restructuring of the market, cautioned Rapaport Group Chairman Martin Rapaport.
Lab-grown has risen in popularity in recent years, representing an increasing share of retail jewelers’ diamond sales. Rapaport makes some stark predictions about the market.
Read the full article published by www.rapaport.com on October 2, 2023 here.
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