An absolutely HISTORIC moment. 🔥
Diamond prices have fallen to the LOWEST level in this century!
Since the peak of the diamond market in 2011:
• Diamonds have crashed by approximately 68%
• Gold has more than doubled, exceeding $5,000
• Bitcoin has surged from single-digit levels to more than $100,000
Cheaper lab-grown alternatives, an oversupply of supply, and weakening global demand have completely reshaped the industry.
While gold and bitcoin became major stores of value, diamonds suffered a historic collapse.
Diamond prices have fallen to the LOWEST level in this century!
Since the peak of the diamond market in 2011:
• Diamonds have crashed by approximately 68%
• Gold has more than doubled, exceeding $5,000
• Bitcoin has surged from single-digit levels to more than $100,000
Cheaper lab-grown alternatives, an oversupply of supply, and weakening global demand have completely reshaped the industry.
While gold and bitcoin became major stores of value, diamonds suffered a historic collapse.
