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lab-grown diamonds: What are lab-grown diamonds, are they worth buying? - The Economic Times

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Young Indian buyers prefer lab-grown diamonds (LGD) in comparison to their mining counterparts due to the affordability factor. Lab-grown diamonds, also referred to as synthetic or cultured diamonds, are created using cutting-edge technology that mimics the natural diamond-growing process. LGDs have seen price drops of around 50 percent, while the prices of natural diamonds have declined 40 percent.

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