Natural diamonds require a lot of pressure and time, and then someone has to mine for them. Lab-grown diamonds can be produced to be nearly indistinguishable from the natural ones, minus the time and mining. For Works in Progress, Javid Lakha describes the process and the growing cost gap between natural and the cheaper lab-grown.
As the value of diamonds inevitably falls, do engagement rings turn towards something more rare?
Tags: cost, diamond, Works in Progress