๐ Is the Diamond Dream Dead? Why the Ice is Melting in 2026 ๐
If you bought a diamond thinking it'd be a solid investment over the past 20 years... ouch.
Latest data shows diamond prices have plunged to multi-year lows, wiping out gains and hitting levels not seen in decades.
What's dimming the sparkle? ๐จ
- Lab-grown takeover: These "tech" diamonds are flooding the market, produced cheaply like gadgetsโprices keep dropping, dragging natural ones down too.
- Shift to real stores of value: With uncertainty everywhere, everyone's piling into gold (hitting all-time highs), while diamonds feel more like a luxury that loses value.
- Gen Z vibes: Younger buyers want ethics, sustainability, and experiences over the old "3 months' salary" ring rule.
Portfolio check: Diamonds were sold as "forever," but resale is toughโhuge spreads, flooded secondary market.
Buy diamonds if you love 'em, but don't bet on them for retirement. The chart says it all: 2026 looking pretty chilly for the ice. โ๏ธ
