Fighting the Dulling Demand for Diamonds
December 13, 2024
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6:57Now PlayingFighting the Dulling Demand for Diamonds
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as posted by the channelThe rise of lab grown diamonds is disrupting the jewelery industry. De Beers - the world's largest diamond producer - had to cut prices by more than 10% across the board. Ankur Daga, the CEO of Angara, an online jeweler, joined Bloomberg Open Interest to talk about how the industry can navigate one of its deepest and most prolonged slumps in decades.
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