Diamond prices fall to lowest levels this two decades as lab-grown stones reshape market
Natural diamond prices have fallen to their lowest levels in over 20 years, with wholesale prices now 30-40% below 2021 peaks. This decline is driven by weaker demand and the rise of lab-grown diamonds, which are 70-85% cheaper. Retail prices for a 1-carat natural diamond range from $3,530 to $3,860, indicating significant market pressure.