ChaoAmber@feddit.uk to Uplifting News@lemmy.worldEnglish · 3 days agoDiamonds lose their sparkle as prices come crashing downwww.theguardian.comexternal-linkmessage-square136fedilinkarrow-up1783arrow-down112cross-posted to: news@beehaw.orgfinanc@midwest.social
arrow-up1771arrow-down1external-linkDiamonds lose their sparkle as prices come crashing downwww.theguardian.comChaoAmber@feddit.uk to Uplifting News@lemmy.worldEnglish · 3 days agomessage-square136fedilinkcross-posted to: news@beehaw.orgfinanc@midwest.social
minus-squareLandedGentry@lemmy.ziplinkfedilinkEnglisharrow-up40·edit-22 days ago26% down from a wildly inflated peak isn’t all that earth shattering tbh. However the growth in popularity and price drop with synthetic diamonds - that’s what’s newsworthy here.
minus-squareCroquette@sh.itjust.workslinkfedilinkEnglisharrow-up4·2 days agoIn the land of ever increasing red line, any stagnation is bad, any drop is catastrophic.
minus-squareDr. Moose@lemmy.worldlinkfedilinkEnglisharrow-up7·2 days agoIt’s clearly beginning of an end for diamond mining.
26% down from a wildly inflated peak isn’t all that earth shattering tbh.
However the growth in popularity and price drop with synthetic diamonds - that’s what’s newsworthy here.
In the land of ever increasing red line, any stagnation is bad, any drop is catastrophic.
It’s clearly beginning of an end for diamond mining.