How much are diamonds actually worth? | ABC NEWS Loop
The price of diamonds has continued to drop as lab-grown alternatives prove popular, and it's being felt by the industry, from bespoke jewellers to pawn brokers.
The Grown Diamond Trade Organization estimates 50–60% of the current retail market in Australia is in favour of lab-grown diamonds, and it could be as high as 70% by the end of the year.
Grace McKinnon for ABC News Loop.
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