Hey sparkle seekers 💎, guess what's trending in the luxury world? After riding a rollercoaster of price dips (thanks to lab-grown diamond surges) and new tariffs, the natural diamond market is finally finding its footing again.
Industry veteran Paul Rowley from De Beers Group tells CGTN's Wang Tianyu that demand is recovering globally, but the spotlight is on the Chinese mainland. With a booming middle class and a taste for the finer things, shoppers there are driving a major comeback for natural gems. 📈
Rowley notes that while lab-grown diamonds shook up the scene by offering budget-friendly sparkle, many buyers still crave the tradition and rarity of mined stones. This balance is stabilizing prices and opening up fresh opportunities for jewelers worldwide.
So whether you’re saving up for that first adult splurge or just curious about market trends, keep an eye on the diamond sector: it’s proof that classic luxury can shine through even the toughest challenges. ✨
Reference(s):
De Beers: Global diamond demand stabilizing amid market challenges
cgtn.com
