Consumers warned of overpricing as synthetic diamonds price plummets
Inside Retail
NOVEMBER 21, 2023
Consumers may be paying more for synthetic or lab-made diamonds that are less valuable than they seem, according to the latest research from Rapaport. The cost of synthetic diamonds is crashing, dropping as much as 98 per cent lower than standard pricing. However, some retailers still charge the same high prices for synthetic diamonds as for natural diamonds.
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