Lab Grown Diamond Vs Real Diamond

Lab grown diamonds are made in the laboratory and are ready in just 1 to 4 weeks. The texture, shine, color, cutting and design of such diamonds are exactly like natural diamonds and they are also sold with proper certificates.

Lab Grown Diamond (LGD) has started giving tough competition to the business of real diamonds. Due to increase in demand for these artificial diamonds made in the lab, a decline of 10 percent has been recorded in the real diamond business. If we consider the diamond industry, after April there has been a similar decline in exports i.e. 10%. However, if lab grown diamonds have a big role in this decline

The remaining contribution is also due to the ongoing economic slowdown in America, Europe and China and the reduction in the supply of rough diamonds due to the sanctions imposed on Russia.

LGD price became a game changer

The reason for the increasing popularity of Lab Grown Diamonds is its price. In fact, this lab-made diamond, which looks like a real diamond, is not even 10% of the real diamond in terms of price. If a real diamond is available for Rs 10 lakh then LGD is available for just Rs 40 to 60 thousand. Because of this, it is very important for those who are fond of wearing diamonds to buy them.

It has become easier.

Along with this, many people, out of fear of being stolen or lost, would rather buy an expensive diamond that looks exactly like the original. Along with this, many people, out of fear of being stolen or lost, would rather buy an expensive diamond that would look exactly like the original. Buying grown diamonds.

For Indians, the value of jewellery made of gold, silver and diamonds is very special. When Indians buy jewellery, the investment associated with it helps them in taking decisions.