Why Diamond Prices Are Falling So Fast
By CNBC
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Natural diamond prices have plummeted roughly 60% since 2022 as lab-grown alternatives take over the engagement ring market. Reporter Liz Napolitano takes a look inside the factory-made diamond boom, the crisis facing mining giants like De Beers, and whether mined stones are finally hitting rock bottom. Chapters: 0:00-00:39 Introduction 00:40-02:37 Chapter 1 - Lab-grown Diamonds 02:38-04:25 Chapter 2 - Diamond Miners Reporter: Liz Napolitano Produced and Shot by: Romy Tarantino Edited by: Ryan Baker Animation: Jason Reginato, Emily Park Senior Managing Producer: Shawn Baldwin Additional Footage: Getty Images » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to get ahead at work? Then you need to lear
Tags: Lab-grown diamonds, natural diamonds, Diamond price crash, De Beers, Rapaport, Engagement ring trends, Mined diamonds, Pandora, tariffs, synthetic diamonds, diamond production, Venetia mine, South Africa, India, U.S., markets, minerals, mining
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