The diamond market, long synonymous with luxury, status, and tradition, is facing a period of significant transformation. With fluctuations in diamond prices, the rise of lab-grown alternatives, and changing consumer preferences - and now with the recent Trump Tariffs, the landscape is evolving rapidly. 

Despite these challenges, opportunities continue to emerge for investors looking to navigate the complexities of this sector.

Are diamonds losing its shine? How should investors then mitigate the risks and uncertainties that are faced in the diamond market right now? 

On The Wealth Tracker, Nadiah Koh speaks with Fabio M Cascapera, President of the Diamond Exchange of Singapore to find out.