(NEWS NATION NOW) – Diamonds have been a symbol of love and commitment but with the rise of man-made diamonds, there’s a new option for couple who want to get engaged on a budget.
The trend of lab-grown diamonds hasn’t reached the Diamond District in New York City. Still, shop owners believe it’s steadily approaching due to the rising popularity of these diamonds. Global sales of lab-diamond jewelry reached nearly $12 billion in 2022, a significant increase from under $1 billion in 2016, per an analysis by Paul Ziminsky, a New York City-based diamond industry analyst.
Despite a lingering stigma, when it comes to the color, cut and clarity, distinguishing lab diamonds from natural diamonds is nearly impossible to the untrained eye.
