Why Americans Are Buying Cheaper Diamonds
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
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 » Subscribe to CNBC TV About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered.
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