Lab-grown diamonds put natural gems under pressure

By Agence France-Presse

Feb 20, 2024 3:51 pm

SURAT, India: The glittering diamonds sparkle the same but there are key differences: mined natural gems are more than a billion years old, while laboratory-made rocks are new and cost less than half the price.

Man-made gems are reshaping the $89 billion global diamond jewellery market, especially in the west Indian city of Surat where 90 percent of the world's diamonds are cut and polished.

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