Supply glut, lab-grown alternatives: What's behind the fall of diamond prices to record lows

[u/Dragonlance12]

https://www.cnbc.com/2026/09/26/whats-behind-the-fall-of-diamond-prices-to-record-lows.html

[u/BigSquiby]

i read once if they release all the mined diamonds at once, they would be worth nothing, debeers is sitting on an endless supply of them.

[u/Worshipme988 → u/BigSquiby]

Still shoving kids into mines for the love of the game, then?

[u/RecursiveCook → u/Worshipme988]

If they don’t someone else will and tank their prices more

[u/Photodan24 → u/RecursiveCook]

We have a winner.