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Podcast: Who Buys Lab-Grown Diamonds?
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Podcast: Who Buys Lab-Grown Diamonds?
Randy Cole, CEO of jewelry retailer Diamond Vault of Troy, breaks down the perhaps surprising demographics of natural and synthetic demand in the latest episode of the Rapaport Diamond Podcast. Cole sees two main age groups that buy lab-grown diamonds at his appointment-only store in Troy, Michigan: 34 and younger, and 60 and over, he told Rapaport’s Joshua Freedman. Many women aged 60-plus are seeking a large stone yet can’t afford a big outlay…
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