The piece, created by Smiling Rocks, was the top lot at the recent Ormeley Dinner.
Lab-Grown
![On Wednesday, AGTA announced a new rule banning the display of loose gemstones or jewelry “comprising non-natural gemstones, ones that are man-made, synthetic, or lab grown,” at all of its shows, beginning with GemFair Tucson 2025. AGTA logo](https://uploads.nationaljeweler.com/uploads/07fc98b3230b7cde591d15cad0bff70e.jpg)
Members can still sell lab-grown stones, it said, but only natural gems are allowed on the show floor.
The company is pivoting production at its factory in Oregon to industrial diamonds, while the future of Lightbox remains unclear.
Latest in Lab-Grown
![Lightbox, the lab-grown diamond brand De Beers Group launched in 2018 with an $800 per carat pricing structure, is now selling its diamonds for as low as $500 a carat. Pictured is a selection of loose fancy-cut lab-grown Lightbox diamonds. White, pink, and blue lab-grown diamonds from Lightbox](https://uploads.nationaljeweler.com/uploads/a48b90c837455424f3a463df9d16971a.jpg)
The move follows a price-drop test run in Q4 and comes with the addition of a “quality assurance card” from GIA for some loose diamonds.
![Kira Diam, which bills itself as the largest grower of CVD lab-grown diamonds in the world, installed a 25 megawatt solar plant to power its growing operations. It is one of a number of Indian companies investing in the lab-grown diamond segment despite the stones’ declining price. Kira Diam solar plant](https://uploads.nationaljeweler.com/uploads/a0236e9fa2768c3ea5718a55c8f4edab.jpg)
A combination of factors is driving growth in the industry despite the precipitous drop in prices across the board.
![A yellow gold lab-grown diamond pendant from Lightbox, the De Beers-owned brand. Lightbox tested lower prices in the all-important fourth quarter, marking down its standard range of lab-grown diamonds by 25 percent and its “Finest” range by 33 percent. Lightbox lab grown diamond pendant in yellow gold](https://uploads.nationaljeweler.com/uploads/d6d999a3ebac6ac0ce3d041453b8a2c7.jpg)
The De Beers-owned lab-grown diamond company dropped the price on its standard offerings from $800/carat to $600/carat.
![IGI BTYB National Jeweler Imagery-01.jpg](https://uploads.nationaljeweler.com/uploads/35d7374176c5c5efe26fa75fe449b136.jpg)
IGI can surpass your expectations when it comes to elevating your brand, protecting your business, training staff and more.
![Adamas One Corp. is at risk of being delisted from the Nasdaq after failing to file its Form 10-K in a timely manner. The company grows diamond using the CVD process. Stock image of diamonds](https://uploads.nationaljeweler.com/uploads/6f345c9402cbc68c6886d89f97b1f6c8.jpg)
The company did not file its annual 10-K Form, the form that gives a comprehensive summary of financial performance over the past year.
![](https://uploads.nationaljeweler.com/uploads/99a46b30cc354962ac2e29ecd113587a.jpg)
![The International Gemological Institute recently graded a 6.01-carat, pear-shaped lab-grown diamond (left) that was inscribed with the GIA report number seen at right, which is for a natural diamond. 6-carat lab-grown diamond its fraudulently inscribed GIA report number](https://uploads.nationaljeweler.com/uploads/3fd08f8ddd1945390f94c1ec0c58747d.jpg)
The pear-cut stone was engraved with a GIA report number for a natural diamond of the same size and shape.
![Lightbox is providing lab-grown diamonds to Roseate, a new jewelry brand started by Tiffany’s former chief merchandising officer. It also created this “Light Wand” pendant in collaboration with the brand. It is available in 18-karat yellow, white, or rose gold and retails for $2,000 on a 22- or 24-inch chain. Lightbox x Roséate Light Wand pendants](https://uploads.nationaljeweler.com/uploads/a58a811ca7ef07f6f3f0dde98ad66055.jpg)
The lab-grown diamond brand also collaborated with the website The Future Rocks on a collection launching today.
![Untitled design.jpg](https://uploads.nationaljeweler.com/uploads/583fbcb2bb839782810080debef35d3c.jpg)
As the demand for lab-grown diamond jewelry may still be increasing, the most notable change we are likely to see is price stabilization.
![Bridal gown designer Monique Lhuillier is adding lab-grown diamonds to her “Bliss” bridal jewelry collection, exclusive to Kay Jewelers. Monique Lhuillier jewelry campaign](https://uploads.nationaljeweler.com/uploads/d7795d3fec7b6b59a7a763b4bf91aacb.jpg)
The bridal gown designer is offering bigger center stones at more accessible price points.
![Prada has introduced a new line of lab-grown diamond jewelry, which features a diamond shape reminiscent of its classic triangle logo. Prada logo](https://uploads.nationaljeweler.com/uploads/7dad52a77c880c3664259be7e65b23c2.jpg)
A year after launching its fine jewelry collection, the Italian luxury brand is adding lab-grown diamonds to the mix.
![Rows of chemical vapor deposition reactors used to grow diamonds. The lab-grown diamond industry is growing in India despite the steep decline in prices for the man-made stones. Chemical vapor deposition reactors](https://uploads.nationaljeweler.com/uploads/c31a0218e6083d6e1833fd286600d953.jpg)
Some Indian manufacturers think the potential in this young, evolving market outweighs current price concerns.
![Swarovski is expanding its lab-grown fine jewelry line to new markets after debuting in the U.S. and Canada. Swarovski lab grown diamond jewelry](https://uploads.nationaljeweler.com/uploads/9d5d84ba8ba736aa6b9a043c69c0036a.jpg)
The company also announced IGI will grade the new Swarovski Created Diamonds in an upcoming collection.
![Pamela Anderson is featured in Pandora’s “Diamonds for All’ campaign, which the brand hopes will help shoppers reimagine diamond traditions, turning them “from ‘diamonds are a girl’s best friend’ to ‘diamonds are everyone’s best friend.’” Pamela Anderson Pandora Jewelry Campaign](https://uploads.nationaljeweler.com/uploads/ecf73a6a1beef85b7882ac037aab0540.jpg)
Plus, Luciano Rodembusch, president of Pandora North America, shares his insight on valuation and sustainability.
![Pandora plans to release three new collections of lab-grown diamond jewelry later this month. Pictured is a ring from the new assortment. Pandora lab-grown diamond ring](https://uploads.nationaljeweler.com/uploads/957bf7a13293159feffaa890c39e445f.jpg)
The company is now calling the range “Pandora Lab-Grown Diamonds” instead of “Diamonds by Pandora.”
![As a kickoff to its new national campaign promoting natural diamonds, Steven Singer Jewelers is giving away 100 lab-grown diamonds at its flagship store on Aug. 12. Steven Singer billboard ad](https://uploads.nationaljeweler.com/uploads/b3214a53951738cd62e39ad2a02029e8.jpg)
The giveaway is part of a new nationwide campaign from the Philadelphia jeweler promoting natural diamonds.
![Lab-grown diamond company Adamas One (formerly Apollo Diamond Corp.) has entered into a letter of intent to purchase India-based lab-grown diamond manufacturer Flawless Allure Grown Diamonds. Loose diamonds stock photo](https://uploads.nationaljeweler.com/uploads/232f07577eb964c47da8b4043b68a91a.png)
The South Carolina-based company wants to acquire the production and manufacturing capabilities of India’s Flawless Allure Grown Diamonds.
![This 4.04-carat all-diamond ring recently evaluated by GIA was cut from one CVD lab-grown diamond. (© GIA, Photo credit: Towfiq Ahmed) 4.04-carat lab-grown diamond ring](https://uploads.nationaljeweler.com/uploads/22f84973881eda64521b081c9dd10863.jpg)
It’s the first time the lab has assessed a piece of this kind, it said.
![Mastoloni just introduced “The Cultured Couple” a new 12-piece collection with each piece featuring one cultured pearl and one lab-grown diamond.
Mastoloni The Cultured Couple collection](https://uploads.nationaljeweler.com/uploads/830f0ceffc6903352f8ac46362b7d4c1.jpg)
It’s the company’s first and only collection featuring lab-grown diamonds.
![Indian Prime Minister Narendra Modi presented First Lady Jill Biden with a lab-grown diamond during his White House visit with President Joe Biden last month. (Image courtesy of India’s Ministry of Information and Broadcasting) Indian Prime Minister Narendra Modi with U.S. President Joe Biden and First Lady Jill Biden](https://uploads.nationaljeweler.com/uploads/0678cf6497ac293f0c28d823a3a44c54.jpg)
The International Gemological Institute shared its insider knowledge of the 7.50-carat lab-grown diamond.
![Lab-grown diamond company Pure Grown Diamonds has promoted Dan Schneider, formerly executive vice president, to president and chief operating officer. Pure Grown Diamonds website screenshot](https://uploads.nationaljeweler.com/uploads/1c4e83b86d05cb2d567ab4a8c54473a1.jpg)
Dan Schneider, formerly executive vice president, was promoted to president and chief operating officer.
![It took about 75 days to form this 35-carat, H color, SI1 clarity lab-grown diamond. It measures 23.37 x 15.24 x 9.06 mm. (Photo courtesy of International Gemological Institute)
35-carat lab-grown diamond created by Maitri](https://uploads.nationaljeweler.com/uploads/758bf261c1b49f0e99ee2a02684aadc7.jpg)
Created by Maitri Lab-Grown Diamonds and graded by IGI, it’s slightly bigger than the record-setting lab-grown diamond GIA just examined.
![This rendering provided by Lightbox shows one view of its 250-square-foot concept shop in House of Showfields, located at 187 Kent Ave. in Brooklyn, New York. Rendering of Lightbox lab-grown diamond store in House of Showfields](https://uploads.nationaljeweler.com/uploads/c64f14ce01a313909f75a82a000d17e3.jpg)
It is in House of Showfields, a bazaar-style retail space in the borough’s Williamsburg neighborhood.
![A company in India grew this 34.59-carat, G color, VS2 clarity diamond using the chemical-vapor deposition process. GIA said it’s the largest polished lab-grown diamond ever submitted to one of its labs. (Photo credit: Johnny (Chak Wan) Leung)
20230508_34 carat lab-grown diamond.jpg](https://uploads.nationaljeweler.com/uploads/a888d19e38c4e4ed6a1ff73f21761988.jpg)
India’s Ethereal Green Diamond grew the 34.59-carat stone, which GIA said represents a milestone in CVD growth.
![Tom Chatham, left, has written his first book, “The Chatham Legacy, An American Story.” It will be available to purchase at the JCK jewelry trade show in Las Vegas. 20230418_Tom Chatham book.jpg](https://uploads.nationaljeweler.com/uploads/0d377eefc7220c258d3f29443e63c6a0.jpg)
It details the family’s history and legacy in the world of lab-grown gems and is set for release at the JCK show in Las Vegas.
![De Beers Group-owned lab-grown diamond company Lightbox has promoted Adam O’Grady to the newly created position of chief operating officer. 20230324_Adam O'Grady.jpg](https://uploads.nationaljeweler.com/uploads/d8214d5285c82b8cfba4ed104f515235.jpg)
Adam O’Grady, general manager of the Lightbox Lab, has taken on the new role and will report directly to Lightbox CEO Antoine Borde.
![An overhead shot of a solar farm for Greenlab, a lab-grown diamond manufacturer with more than 1,000 reactors spread out among four factories in Surat. Greenlab’s Smit Patel said India’s lab-grown diamond industry has seen “explosive and exponential growth.” 20230315_LGD solar farm drone shot.jpg](https://uploads.nationaljeweler.com/uploads/df39bfd7476988872382b856daac83bb.jpg)
The mood is bullish as more companies get into the business despite the dramatic drop in lab-grown diamond prices.
The Dubai Multi-Commodities Centre said the conference will take place July 10.
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