Lab diamonds fall 80% and take most of the ring market

Claim

Lab-grown diamonds have fallen 80% in five years to under $1,000 for two carats and now account for 61% of engagement rings, while the Labor Department proposed opening retirement plans to crypto and private equity.

Reported metric: -80% / 61%

Reporting date: 2026-04-02 (not necessarily the event date)

Sources

Attribution and reporting linked by this record; links do not imply independent verification.

• Welcome to April 2, 2026 (theinnermostloop.substack.com)