The growing separation of the natural and laboratory-grown diamond markets

The seminar looked at the degree to which natural and laboratory-grown diamonds are now on separate tracks, particularly in light of the growing price differential between the two products, as the cost of man-made product continues to fall. It also looked at the consequences for the natural diamond market and jewellery in general if the public is not educated to understand why the value propositions of natural and laboratory-grown diamonds are so vastly different.

It was moderated by Edan Golan, CEO of Edahn Golan Diamond Research & Data Ltd., who started by making a presentation on the current state of the market. Panellists include Lisa Koenigsberg, President, Initiatives in Art and Culture, who has studied the subjects of inherent and perceived value in jewellery; Martin Leake, Special Advisor - Precious Stones at the DMCC in Dubai; and Raluca Anghel, Head of External Affairs and Industry Relations at the Natural Diamond Council.

The event was hosted on September 8, 2024, by the VICENZAORO show organizer, the Italian Exhibition Group (IEG), and is part of a joint CSR and sustainability educational programme for the jewellery industry, presented by by CIBJO and IEG, which has been recognized by the Economic and Social Council (ECOSOC) of the United Nations.