Headlines Gap Grows Between Natural and Lab-Grown Diamond Prices The trend is expected to continue. Published 3 years ago on January 9, 2019 By INSTORE Staff Share Tweet The prices of lab-grown diamonds are falling relative to natural diamonds, and that trend is expected to continue, Reuters reports. As of mid-November, a 1 carat generic lab-grown diamond was selling at an average discount of 42 percent compared with a natural diamond, analyst Paul Zimnisky told the news agency. That’s compared to a 20 percent discount in January. Keepin' It Real The Metaverse and the Future of Marketing JimmyCast Podcast: So What’s So Special About Trade Shows? Keepin' It Real Podcast: What’s Your Instagram Lifestyle? Costs to make lab-grown diamonds are also falling, to about $300 per carat now, on the low end, from as much as $4,000 per carat in recent years. De Beers announced in May that it was launching a company called Lightbox Jewelry to market laboratory-grown diamond jewelry, with pricing set at $800 for a one-carat stone. By marketing lab-grown diamonds as fashion accessories, De Beers seeks to “reinforce the mystique of stones formed in the earth’s crust so consumers keep buying them for major events such as engagements,” according to Reuters. Martin Rapaport, founder of the Rapaport Diamond Report, told Reuters that prices for lab-grown diamonds will likely continue to fall. Advertisement “The cost of these synthetic diamonds will go down to production costs plus a competitive profit margin,” he said. “There is no shortage.” Read more at the Reuters Related Topics: diamondslab-grown diamondsLatest News Top click to Comment(Comment) Up Next Tiffany to Disclose Geographic Origin of Its Diamonds Don't Miss Jeweler Who Shot Teen in Head After Robbery Won’t Be Charged, Attorney General Says Advertisement SPONSORED VIDEO Thinking of Liquidating? Wilkerson’s Got You Covered Bil Holehan, the manager of Julianna’s Fine Jewelry in Corte Madera, Calif., decided to go on to the next chapter of his life when the store’s owner and namesake told him she was set to retire. Before they left, Holehan says they decided to liquidate some of the store’s aging inventory. They chose Wilkerson for the sale. Why? “Friends had done their sales with Wilkerson and they were very satisfied,” says Holehan. He’d enthusiastically recommend Wilkerson to anyone looking to stage a liquidation or going-out-of-business sale. “There were no surprises,” he says. “They were very professional in their assessment of our store, what we could expect from the sale and they were very detailed in their projections. They were pretty much on the money.” You may like Promoted Headlines Thinking of Liquidating? Wilkerson’s Got You Covered Wilkerson Build Your Brand with AI-Driven Custom Diamond Reports Sarine North America Inc. 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