Should you buy natural diamonds or lab-grown diamonds, lab-grown diamonds, why diamonds are expensive, Should you buy a lab-grown diamond ring
People are fond of diamonds due to their shine and expensive attribute. Diamonds are expensive because they are extremely rare and were formed billions of years ago. Most of the high-quality diamonds are worth lacs which is the reason the investors prefer to diversify their assets. However, the diamond has to be rare and commercial grade.
Every individual does not buy a diamond for investment rather they want to create a public image. Diamonds are not affordable, so there is another option of lab-grown diamonds.
Lab-grown diamonds are created in the control laboratory environment with the help of Chemical Vapour Deposition (CVD) or high-pressure high-temperature (HPHT) methods. They are certified and graded by the Gemological Institute of America (GIA), American Gem Society (AGS), Gemological Science International (GSI), etc. For more details, click the link.
Lab-grown diamonds are exactly similar to real diamonds. Even the experts are not able to tell the difference with the naked eye. The chemical composition of natural diamonds and lab-grown diamonds is the same.
Lab-grown diamonds can pose a major threat to the big miners because the supply is more compared to natural diamonds
The lab-grown diamonds are 50% to 70% less costly than natural diamonds. 1-carat natural diamond costs ₹2,50,000 whereas, 1-carat lab-grown diamond costs around ₹85,000.
With the increase in the production of lab-grown diamonds, the prices and resale value of natural diamonds is likely to decrease.
Should you buy a lab-grown diamond ring?
Well, there is no right or wrong answer when it comes to selecting a natural diamond or lab-grown diamond. The choice is of the customer. The most important thing is the budget which is the reason for the preference between the two types.
If you want to buy for investment, then you should go with natural diamonds. And if you want to buy it for routine wear, then a lab-grown diamond is the best option.
You can buy lab-grown diamond jewelry from here.
Frequently asked questions
Which diamond is best for investment?
Does lab-grown diamond have resale value?
The resale value is very less compared to a natural diamond
What is an American diamond?
It is a look-alike of a diamond known as “jarkan”. It is artificially created to represent the same physical appearance but has different physical and optical properties.
Why small finance banks are good for investment in 2022?
Why credit cards are better than cash or debit cards?
Follow for more updates
Follow Raveen Chawla on Medium
For related searches, click Articles, click Web-stories
6 thoughts on “Should You Buy Natural Diamonds Or Lab Grown Diamonds? 2023”