Congrats on your engagement! But is that a “real” diamond?
Why it matters: Lab-grown diamonds have radically transformed the jewelry market over the last decade.
- Though they are just as real as mined ones, their surge in popularity is dividing jewelry lovers.
State of play: Cheaper lab-grown gems are making diamond jewelry more accessible across incomes.
- But naysayers have compared sporting lab-grown jewels to carrying a knockoff designer bag.
Context: Despite the savings, the amount being paid for diamonds is actually rising — and the stones are larger than…..