Why lab-grown diamonds are challenging traditional diamonds that are mined from the earth
Man-made stones are falling in price and appealing to more shoppers who also see them as a socially conscious purchaseTap story
of all engagement rings with center stones purchased last year were created in a lab, according to an online survey of nearly 12,000 U.S. couples by wedding-planning website The Knot.As the technology to make lab-grown diamonds has improved, production has increased and retail prices are falling. Their growing popularity, especially among younger consumers, has caught the attention of jewelers and watchmakers — and is challenging traditional diamonds that are mined from the earth.
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