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Why are lab-grown Diamonds more affordable than Natural diamonds?

Why are lab-grown Diamonds more affordable than Natural diamonds? - New World Diamonds - fine jewelry, engagement rings and great gifts

With flawless shine at a better price, lab-grown diamonds are turning bffs of all for the right reasons. What makes them your first choice? Read to know.

Diamonds are popular gemstones often bought to enhance one's appearance. People choose them for their rarity and beauty, which signify class and exquisite taste. However, the high cost of natural diamonds can be intimidating.

The diamond market is currently divided by a debate over the differences between lab-grown and natural colored diamonds. Many people are confused by the significant price gap between the two, mistakenly believing that lab-grown diamonds are fake.

Lab grown diamonds, also known as man-made diamonds, offer many benefits for both the owner and the environment. They possess the same chemical and physical properties as natural diamonds, making them visually indistinguishable.

In this article, we will explain why Lab grown diamonds are cheaper than natural diamonds and highlight the advantages of buying lab-grown diamonds.

Why Are Lab Grown Diamonds Cheaper Than Natural Diamonds?

Lab-grown diamonds are real diamonds, with the main difference being their origin. They are created in a lab by replicating the natural processes that form mined diamonds. This difference in production explains why lab-grown diamonds are cheaper.

Here are major reasons why lab-grown diamonds cost less than natural diamonds:

  • Faster Formation: Lab-grown diamonds form in a lab in a matter of months, unlike natural diamonds, which take millions of years to form.

  • Simpler Supply Chain: Lab-grown diamonds go through fewer steps in their creation, while natural diamonds require extensive mining operations and many intermediaries.

  • Accessible Materials: The materials needed to create lab-grown diamonds are readily available and require less equipment, reducing costs.

  • Efficient Production: The production process for lab-grown diamonds is quicker and more controlled, allowing for faster availability.

  • Sustainable Practices: Lab-grown diamonds use environmentally sustainable materials and consume less energy during their manufacturing process.

These factors make best lab grown diamonds a more inexpensive option compared to their natural counterparts.

Is There Any Quality Difference Between Lab-Grown & Natural Diamonds?

The differences between best lab grown diamonds and natural diamonds are not visible to the naked eye because both have the same physical and chemical properties. However, special instruments can reveal distinct differences. Here are some key distinctions:

  • Composition: Lab-grown diamonds are purer than natural diamonds. They do not contain nitrogen, while natural diamonds have tiny amounts of nitrogen, which can make them less pure.

  • Origin: Natural diamonds develop deep within the Earth over millions of years before being mined and processed into jewelry. In contrast, lab-grown diamonds are made in a laboratory under controlled conditions of pressure and heat, mimicking the natural process.

  • Price: Lab-grown diamonds are affordable as compared to natural diamonds. Natural diamonds are rare and take millions of years to form, making them expensive. Lab-grown diamonds, however, can be produced in a few months with readily accessible materials, making them more available and less costly.

What Makes Lab-Grown Diamonds Worth Your Buy?

Lab-grown diamonds are getting popular in the jewelry market, offering several benefits that address the high cost and rarity of natural diamonds. Here are some key advantages:

  • High Quality: Lab-grown diamonds possess the same high quality as natural diamonds. They are very pure, without the impurities often found in naturally mined diamonds.

  • Environmental Sustainability: Lab-grown diamonds are more environmentally friendly. Their creation in a lab does not disrupt the earth or consume excessive energy, unlike the mining process for natural diamonds.

  • Affordability: Lab-grown diamonds are much more affordable, eliminating issues related to the rarity and high cost of natural diamonds. Advanced technology makes these diamonds readily available and less expensive.

  • Available Variety: Lab-grown diamonds offer a wide variety of options, including rare colors and sizes that match those of natural diamonds. This variety makes it easier for jewelry lovers to find exactly what they want.

  • Accessibility: Lab-grown diamonds are easily accessible. You can find them in most jewelry stores without the long wait associated with the mining and cutting of natural diamonds. This ease of access allows anyone to purchase the perfect diamond jewelry at any time.

The Bottom Line

Lab-grown diamonds are real diamonds with the same physical and chemical properties as mined diamonds. These gemstones offer high value and quality at a lower price. If you're looking to buy a diamond but are concerned about the cost, lab-grown diamonds allow you to get the jewelry you want without exceeding your budget.

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