Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Diamond Ring Plummets 50% in a Month! One-Carat Diamond Ring Drops to 4,000 Yuan as It Becomes the New Darling in AI Chip Heat Dissipation Materials
Ask AI: What is the outlook for the crossover industrial applications of cultivated diamonds?
Fast Technology, March 19 — In just over a month, the price of a one-carat cultivated blue diamond ring has plummeted from over 10,000 yuan to around 4,000 yuan, a drop of more than 50%. This sharp price decline has attracted widespread attention within the industry, and the downward trend is still ongoing.
A netizen shared their experience of purchasing a diamond. Before the Spring Festival, she selected a blue diamond ring priced at 26,000 yuan, but after discounts, it cost just over 10,000 yuan. To ease her doubts, the seller even promised to buy it back at a 40% premium for future upgrades.
However, this seemingly attractive promise instead caused consumer hesitation. The ability to promise such a large premium buyback indirectly indicates that the product itself lacks the investment attributes and scarcity of natural diamonds, and its status as a luxury item is rapidly collapsing.
This incident reflects the current reality of the cultivated diamond market. With technological breakthroughs, retail prices continue to fall. Currently, the price of a one-carat cultivated diamond ring has dropped to about 4,000 yuan, only one-tenth of the price of an equivalent natural diamond, completely shattering the price myth.
In fact, the value positioning of cultivated diamonds is undergoing a significant shift. Thanks to their excellent thermal conductivity, they are breaking through the traditional boundaries of jewelry and crossing over into the field of AI chip cooling materials. As electronic devices move toward high power and miniaturization, the application prospects of this industrial diamond are extremely broad.
Meanwhile, the market landscape for cultivated diamonds has also seen new changes. Since March, several upstream manufacturers have announced price increases. Due to rising production equipment costs, raw material prices, and exchange rate fluctuations, manufacturers are struggling to absorb the increasing costs.
This suggests that the low-price dividend period of the cultivated diamond industry may be approaching a turning point. While retail prices have sharply decreased, rising production costs are forcing the industry to reshuffle. Future cultivated diamonds may no longer just be decorative accents in jewelry boxes but will appear more frequently in precision industrial manufacturing.
From once being a substitute for high-end luxury goods to now a new favorite in industrial cooling, cultivated diamonds are undergoing a complete identity reshaping. For consumers, diamonds are returning to their decorative attributes, while for the tech industry, a new high-performance material is just beginning to emerge.
Do you still believe in the myth that one diamond lasts forever…