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Stock impact report

Global Lab Grown Diamonds Market Projected To Reach $49.9 Billion By 2030

Signet Jewelers Limited Common Shares (SIG) 
Last signet jewelers limited common shares earnings: 3/26 06:50 am Check Earnings Report
Company Research Source: PR Newswire
FinancialNewsMedia.com News CommentaryPALM BEACH, Fla., Dec. 21, 2022 /PRNewswire/ -- Lab grown diamonds are made in laboratories and factories. These diamonds are identical to natural diamonds in their composition and appearance. Diamonds made in labs are generally of better quality than natural diamonds as they are made in controlled environments with constant monitoring and quality control. Increase in adoption of lab grown diamonds in the fashion and jewelry sector, along with increasing application of these diamonds in the industrial sector have spurred the demand for lab grown diamonds across myriad of industry verticals. These lab grown diamonds can also be customized and personalized as per requirement, which further adds advantages apart from them being highly economical, sustainable, and environment friendly. Lab grown diamonds are manufactured using techniques such as HPHT, which stands for high pressure and high temperature and CVD, which stands for chemical vapor depositi Show less Read more
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