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80% of engagement rings will be lab-grown in 10 years: Angara CEO #shorts #diamonds #labgrowndiamond
We have talked to you a lot about these lab growth diamonds. This phenomenon that's really driven down the price has driven down the price of natural diamonds as well. >> Yeah.So natural diamonds are down roughly 45% from their peak which was March of 22. So pretty phenomenal when all the other assets are doing really well. Diamonds have struggled uh because lab grown is a perfect alternative.>> And what's the adoption rate look like to you. Because I'm sure at the beginning a lot of people were unsure abou ...