It’s no secret that the price per carat of lab created diamonds has been dropping, and fast. But like with any technological innovation—the more competitors enter the market and the more we learn about making these stunning stones—it’s only natural to see them get more affordable. At the same time, they’re also getting more available, more beautiful, and more varied.
Once about 20% less than the price of natural, mined diamonds, today you can find lab diamonds for 40-50% less. Wallet already feeling better? We expect this trend to continue a bit before pricing stabilizes, but lab created diamonds are definitely going to save you dollars. Does that mean they’re a terrible investment? Are lab grown diamonds worth anything? Are we talking love story or stock purchase? But seriously, while the diamond market is relatively stable, unless you’re buying investment-grade fancy color diamonds, no diamond is an investment.
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