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Are Diamonds Even a Luxury Anymore? by The Wall Street Journal & Spotify Studios

Are Diamonds Even a Luxury Anymore?

from The Journal.

by The Wall Street Journal & Spotify Studios

Published: Thu Jul 24 2025

Show Notes

Global diamond company De Beers spent decades convincing couples that true love required a diamond. But now, lab-grown diamonds that are identical to naturally-mined ones are flooding the market with cheaper options and reshaping the diamond business completely. WSJ’s Jenny Strasburg takes us inside the showdown in the diamond market, and we speak to a ring shopper weighing her options. Jessica Mendoza hosts.

Further Listening:
-One American Company Taking on China's Rare-Earth Dominance
-Can Pepsi Make a Comeback?
-How Target Got Off Target

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Are Diamonds Even a Luxury Anymore? | Podcst