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New Plumb Club research shows growing awareness and acceptance of lab-grown diamonds, gems

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The Plumb Club Industry and Market Insights 2025 reveals that shoppers are increasingly aware of, and more open to, lab-grown gem options. This, despite the industry having many different opinions on the subject. The consumer survey, completed with over 2,000 jewelry buying ,consumers across the county, shows a definite upswing among customers compared to only 2 years prior and provides retailers with insight and direction for business planning.

84% of consumer respondents said they are aware of the choice of lab-grown diamonds in fine jewelry. The 2025 survey noted an increase of 13% from the 2023 survey in customers who feel they know the differences between natural and lab-grown diamonds and a decrease of 15% in customers who feel they do not know the difference. 49% said they are not confident of the differences.

The survey highlights that for lab-grown gems, such as rubies, emeralds and sapphires, 83% of customers say that if they learned the gems were chemically, optically and physically the same as their mined counterparts they would be open to buying them. Regarding the openness to receiving lab-grown diamonds in jewelry, other than engagement and bridal pieces, 83% say that they are. 74% said they would be open to receiving a lab-grown diamond for an engagement ring.

Price consideration is a determining factor for 31% of consumers considering a lab-grown diamond or lab-grown diamond engagement ring, while getting a higher clarity or color of diamond is the determining factor for 30%.

When it comes to preference for a diamond’s origin, 37% of respondents say they do not have enough information to make the decision between natural or lab-grown. 33% said they would prefer a lab-grown and 30% said they would prefer a natural diamond. When comparing two diamonds of the same cut, color, quality and size, 49% of respondents said they would prefer a natural diamond.

The insights shared here are part of a multi-faceted research study initiated by The Plumb Club with the assistance of Paola Deluca, The Futurist, and Qualtrics, a world-renowned survey and analytics firm. The study was conducted with a sampling of over 2,000 men and women from the ages of 25 – 60 with a balanced demographic and psychographic mix across the US with the goal of understanding how individuals engage with jewelry. Respondents had all attended some college or higher and had a combined household income of at least $75K/year. Additional information from this expansive research will be shared over the next several weeks.

The research document will be shared in its entirety during the JCK Las Vegas Show with a presentation on Saturday, June 7 2025.

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International News

Gold continues upward march;Bank of America forecasts  $5,000/oz for 2026

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Gold prices in India saw a modest rise on Wednesday today Oct 15, mirroring an uptick in international markets as renewed US-China trade tensions and expectations of further US interest rate cuts bolstered demand for safe-haven assets.24k gold traded at Rs.1,28,360/10gm after gaining ₹10 in early trade, while silver prices increased by Rs.100 to Rs.1,89,100 per kilogram.

Gold prices surged to a record high of $4,179.48 per ounce on October 14, 2025.  Investors flocked to safe-haven metals amid trade tensions and Fed rate-cut expectations. U.S. December gold futures jumped 57% year-to-date.  Bank of America raised its 2026 gold forecast to $5,000 per ounce, warning of possible near-term corrections.

Gold prices soared to an unprecedented $4,179.48 per ounce on October 14, 2025, marking a historic milestone for the yellow metal. The rally comes as investors worldwide seek safety in hard assets amid a turbulent global economic backdrop marked by escalating trade tensions, slowing growth, and expectations of further interest rate cuts by the U.S. Federal Reserve.

The sharp surge in bullion prices has been driven by a combination of macroeconomic uncertainty and aggressive monetary easing. As inflation pressures remain sticky and central banks pivot toward dovish policies, gold has reasserted its role as a hedge against both currency debasement and market volatility.

In futures trading, U.S. December gold contracts have skyrocketed nearly 57% so far this year, underscoring the strength of investor demand across both institutional and retail segments. Analysts note that central bank buying—particularly from emerging markets—has added further momentum to the rally, with several countries diversifying reserves away from the U.S. dollar.

Reflecting this bullish sentiment, Bank of America has raised its 2026 gold price forecast to $5,000 per ounce, citing continued monetary easing, geopolitical instability, and robust central bank accumulation. However, the bank also cautioned that short-term corrections are likely, given the rapid pace of the recent run-up and potential bouts of profit-taking.

Overall, gold’s meteoric rise underscores a broader shift toward safe-haven assets, as investors navigate a world increasingly defined by economic fragmentation, shifting interest rate cycles, and persistent geopolitical risks.

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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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