Natural diamond prices have crashed around 70% from their 2011 all-time high, with the Diamond Standard Index recently falling to its lowest level on record. One major reason is the rise of cheaper lab-grown diamonds, which continue to take a larger share of engagement-ring sales, while weaker demand has put even more pressure on natural diamond prices. The downturn is also hitting producers, with De Beers pausing production at its Venetia mine for two years as rough diamond prices remain under pressure. Would you still choose a natural diamond over a lab-grown one? 🤔 Follow @cryptodaily for daily updates. #Diamonds #Markets #Investing #Commodities #Finance
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