According to recent reports, lab grown diamond prices tumbled recently, making it even cheaper. Already it has become very mainstream, pushing consumers’ preferences effectively. Amidst this increasing craze among people for lab-grown diamonds, one should always think about the near future of the lab-grown gems. From the very beginning of lab-grown diamonds, their prices have gained much more affordability in the last couple of years. And now, during the Q3 of 2024, its new price point came around almost 1/10th of the natural ones. We will now walk through the disadvantages of lab-grown diamonds, and the everlasting beauty of natural diamonds.

Lab Grown Diamond Prices – Decoding Its Harsh Future

Marketing giant of diamonds, De Beers, penned a term as ‘A Diamond is Forever’. However, the pricing index of natural diamonds has seen a decline due to the enhanced demand of its lab-grown counterparts. Wearing natural is always a matter of pride, whether for now or for 20-30 years later. Though a large percentage of jewellery consumers worldwide are rushing madly for lab-grown diamonds, we must understand why the demand is becoming higher before we know how it is affecting the long-set natural diamonds market.

Is Lab Grown Diamonds Really An Alternative to Natural Diamonds?

There are a few things that are grabbing the attention of people to lab-grown diamonds or gemstones. Firstly, there is literally ‘zero’ difference in the appearances of a natural and lab-grown diamond. When studded in a jewellery item, both types with the same parameters will give you the same outcome. Secondly, there is a huge price difference between the two. For example, a 1.00ct. Lab-grown solitaire costs almost Rs.15,000, while its natural counterpart costs almost ten times. Next, as these are produced in factories, every size and shape remains available perhaps every time.

Purchasing Lab Grown Diamonds – Things to Remember

For most of us, it seems to be easy to invest Rs.30-40K for a lab-grown solitaire diamond ring, but does it really mean it? When someone invests an amount in jewellery, they expect a return regardless of the amount. But lab-grown diamonds’ being similar to natural diamonds yet cheaper, can never be a good investment. As you have seen around 60-70% price cut in lab-grown diamonds in this running year only, while its natural counterparts witnessed only a 10-15% price cut in the last couple of years. As per the market analysts and present market demands, lab grown diamond prices may also witness another downfall in the upcoming Q4, 2024.

While Purchasing Solitaire Diamonds – Natural vs Lab-Grown

If you’re an experienced jewellery buyer, then you know about the term ‘resale value’ very well. Someone who has purchased certified natural diamonds earlier, knows it well that if the diamonds are in mint condition (no scratches, and unbroken), then the diamonds, especially solitaires, are easily exchangeable, according to the Rapaport and market trends of that particular time. But for a lab-grown solitaire diamond, it will have nearly no value once you have purchased it. From the very beginning of the lab-grown diamond market, everyone knows very well that these man-made diamonds have very little to no resale value. Hence, for a once-in-a-lifetime solitaire, going for a lab-grown diamond is not wise.

While Purchasing Diamond Jewellery – Natural vs Lab-Grown

Numerous multinational brands have come to market following the trend of lab-grown diamonds, and have been manufacturing gold jewellery studded with it. And some others are also in the race who are already famous in their mainstream natural diamond business. Just like lab-grown solitaires, this won’t also be something worthy of investment. Buying lab-grown diamond jewellery is more or less equal to buying gold jewellery with cubic zirconia or moissanite mounted on it. Though it is good for a show-off purpose, we think that no one buys a diamond jewellery only for that. For lab-grown diamond jewellery, there will always be a feeling in your mind that you’re wearing something synthetic or artificial.

While Purchasing Diamond as Birthstone – Natural vs Lab-Grown

Many people around the globe wear diamonds as their birthstone or an astrologer’s suggestion. But there is a complete ‘NO’ in this purpose. As lab-grown diamonds are mechanically made and there is no natural connection, you can’t wear a lab-grown diamond for the specific purpose of birthstone, whether in a ring, or pendant.

Purchasing Natural Diamond – An Emotion Forever

Every woman dreams of wearing natural diamonds, especially solitaires. It may seem tough to make such a huge investment at once but it is to remember that going for a lab-grown diamond is like playing with your emotion. If you too dream of a certified natural solitaire diamond but are stuck with the budget, then it is better to wait for a year or two to save a few more bucks than just buying a lab-grown solitaire in a hurry.

We always suggest people purchase jewellery wisely so that they don’t regret it later. No matter how much you invest in gold there will always be a great return after one, two, or more years. So, while you are investing a lump sum amount for a gold ring, then it is anyhow not suggested to be a cheapskate and make the ring complete with lab-grown diamonds. Diamonds are forever, no matter whether you buy or you sell, hence, our designer gold and diamond minimalistic jewellery will always keep you flawless. A ‘Grand Festive Sale’ is already going on our online store. Just go to lamarquem.com and grab it soon!