this post was submitted on 26 Jan 2025
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Huh? This is per carat. Also lab diamonds are perfect and much better than what you would find. They are now trying to market diamonds that have flaws as better than a perfect diamond. It's really fucking stupid. Before, it was the less flaws they have, the more value. Now with lab diamonds, you need to have some flaws.
Most of the jewelers in town where I live have closed shop. Lab grown is definitely having a huge overall impact to the cost of diamonds as a whole. Hopefully diamonds will be a thing of the past soon and we can use them for other applications.