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March 13, 2025Lab-grown diamonds are shining bright currently at affordable prices
The faster pace of growth could be explained by an increase in supply and subsequent drop in prices of LGDs, showcasing the cyclical effect. Out of the estimated $99 billion global diamond jewellery market in 2025, lab-grown diamonds (LGDs) account for around 31 per cent and are expected to grow faster than natural diamonds.
The faster pace of growth could be explained by an increase in supply and subsequent drop in prices of LGDs, showcasing the cyclical effect.
Currently, the US consumes around three-fourths of the total LGDs.
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