“the diamonds are beautiful and fashionable” “prices are far below expectations” ..
The price of nurturing diamonds has continued to decline in recent years, and today the price of a carat of nurturing diamonds has dropped from $8,000 to $3,500, less than one tenth of the price of natural diamonds of the same quality。
The price of cultured diamonds fell and sales surged
“70% young people”
Natural diamonds are the strongest of nature, and graphite can also form artificial diamonds through high temperatures and pressure。
At present, our artisanal diamond industry is leading globally, and downstream products are becoming increasingly abundant. According to the china jewellery industry development report 2024, china cultivated about 22 million carats in 2024, an increase of 144. 44 per cent over the same period, or 63 per cent of global production。
In a store specializing in the sale of diamonds in river south-south yang, journalists have observed that the customers coming for advice and selection are mostly young people. According to the head of the shop, the proportion of young people is around 70 per cent, double the sales level this year and last year。
According to staff, these indicators, such as the purity, colour, etc. Of cultivated diamonds, are perfectly comparable to natural diamonds, which are difficult to distinguish from physical ones, but are priced at only one fifth or even lower。
Data show that in recent years, retail prices for nurturing diamonds have fallen by more than 50 per cent over peaks. In the case of one carat of high quality diamonds, the sale price in 2020 was approximately $8,000, and today it is only around $3,500, while natural diamonds of the same quality still require more than $40,000。
At the same time, in 2025, more than 40 per cent of the global diamond jewellery market was grown, more than eight times more than in 2019。
The diamond's a myth of preservation
"i would have bought gold."
“diamonds last forever and one is forever in circulation.” it was a familiar ad. However, the price of natural diamonds has also been “cut off” in recent years, influenced by factors such as the shock of nurturing diamonds and soaring gold prices。
According to media reports, 10 years ago ms. Chengdu spent $100,000 on a one-carat diamond ring, which is now valued at a maximum of not more than $30,000 by her consulting recycler and has been masked by the cold of devaluation. A woman who spent $18,000 a decade buying a diamond ring shared it on social platforms, and now receives only $180 in recovery, with a 99 per cent devaluation。
This is not an isolated case in sichang, sichuan, where a 34-year-old woman found out that she had purchased two wedding rings for $14,000 10 years ago, and now sold less than $200, to put it simply, “to buy gold when she knew”. If back in 2012, the price of gold was about $338 per gram, and if $18,000 were to be spent on gold, it would now be more than $45,000; and diamonds of the same value can now be replaced by only about $1,000。
As early as september 2023, omega reported that the price of certified diamonds had fallen by 35 to 40 per cent in the previous year. Of these, diamonds with 50 to 3 carats were hit hardest, and sales declined by 30 to 35 per cent over the same period. De beers, the diamond giant, reduced its main product, two to four carats of natural diamonds, by 40 per cent。
Subsequently, in january 2024, de beers reduced the price of the original drilling by about 10 per cent, and in december of that year, the price of rough diamonds sold on the secondary market by 10 to 15 per cent。
According to the first financial report, “no one will be able to recover the oil unless it is cheap”. A dealer in the jewellery industry told journalists that only natural diamonds of large carats (more than one carat) were generally eligible for recovery. At this point in time, however, one finds that diamonds that were bought at large earlier prices are not in fact worth up to four to six discounts of the original price, depending on the size of the product or the brand。
