Lab Grown Diamonds Causing Diamond Demand To Fall
Luxury spending has taken a huge hit, especially with the prices of everything now a days… and diamonds are definitely not an exception. Diamond demand has declined so much because people are becoming more cautious with their money and focused on investing in more practical items as well as the alternative to natural diamonds that are taking the market by storm, lab grown diamonds.
Yes – you read that correctly. Lab grown diamonds.
Lab grown diamonds are becoming an attractive option for consumers. These are produced in a controlled environment, and their physical properties are identical to natural ones. The difference with lab grown gems is that they’re cheaper and can be manufactured faster, generating more supply and lowering the cost. Which we all could use in times like this. This means shoppers can get an absolutely beautiful gem at a fraction of the price they would have paid for a natural diamond, making it a good option for the people on a limited budget. Which is pretty much all of us right now.
Another selling point of lab grown over naturally grown is that they have fewer downsides when it comes to the environmental and social factors that can be associated with mined diamonds. Diamond mining can have a significant impact on the environment, and the working conditions for miners is not really desirable. Thanks to the lab-grown process, there’s less impact on the environment and no mistreatment of workers. It’s definitely safer. For these reasons, more conscientious consumers prefer lab grown, ethically sourced, and environmentally friendly diamonds.
The rise of the lab grown has created new opportunities for consumers who are looking for quality diamonds at an affordable cost, but it’s still important to do your research before making a purchase. With so many different options available, make sure you find a jeweler you can trust.
The Ideal Base Income Needed To Live In Nevada
#5 INDIANA
Ah, the HOOSIER state, home of basketball, Lincoln’s boyhood home and the Indy 500. All that and it seems that you don’t need a huge base salary to be happy…just under $58,000 in fact which makes it #5 on the list!
#4 MISSISSIPPI
#3 VERMONT
Vermont is not only known for their Maple syrup, but for living a lifestyle where you can be happy with a base salary of under $56,000! For that, the state comes in at #3 on the list!
#2 DELAWARE
Don’t know a lot about the state of Delaware, but it seems to be a great place to live. A coastal state with lots of water and clearly you don’t need a huge income to be happy there. Just under $49,000 putting it at #2 on the list!
#1 NEW HAMPSHIRE
Lots of people love the New England area with all that it has to offer…but what makes this state so attractive is the base salary to be happy there. It’s just under $42,000 per year to live the life in New Hampshire. This elevates this tiny state in the northeast to being #1 on the list! Congrats!
