EPISODE · Aug 8, 2026 · 10 MIN
From a billion years to two weeks: How the diamond story is being rewritten
from SBS News In Depth
The diamond industry is facing an identity crisis. Natural diamond prices have tumbled as lab-grown diamonds surge in popularity. Physically and optically identical, they can cost around a tenth as much and can now be produced at mass scale. Their rise is challenging one of the world's most successful marketing stories.
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From a billion years to two weeks: How the diamond story is being rewritten
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