Two Thirds of US Independent Jewelers Now Sell Lab Growns

By John Jeffay / October 24, 2021 / www.idexonline.com / Article Link

(IDEX Online) - Two thirds of jewelers now sell lab grown diamonds, says a survey of over 600 independent retailers across the United States and Canada.That figure is up from just 10 per cent five years ago, according to Instore, the US magazine for the jewelry industry, which commissioned the survey.More than half (56 per cent) said the best lab growns were technically as good as the best mined diamond.But fewer than a third (31 per cent) said lab growns were "symbolically" their equal. That figure's is up from 17 per cent in 2016.Jewelers said the big selling points for lab growns were "more stone for the same price" and consumers' concern for the environment.Instore's 2021 Big Survey was carried out during August and September. Responses were anonymous.

Recent News

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com

Gold majors take the lead

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok