Though lab-grown diamonds have been available since the 1970’s, it’s not until the last decade that consumers have really adapted, paving the way for a new global jewellery trend. We've...
Choosing the perfect engagement ring is tough, as there are so many options to consider when it comes to diamonds. Not only do you have to consider the clarity, cut, colour, and carat, but now there’s also the choice between a natural or lab-grown diamond – so it’s no surprise if you feel slightly overwhelmed! Although lab-grown diamonds have been available since the 1970’s, it’s not until the last decade that consumers have really adapted to this option, paving the way for a new global jewellery trend. The emergence of lab-grown diamonds, which are virtually indistinguishable from mined diamonds, has spurred discussion regarding the definition of a diamond, the natural diamond mining processes, and the environmental ramifications of both approaches. Amongst these debates, people are catching on to lab-created diamonds, which are increasingly growing in popularity.
What is a lab-grown diamond?
A lab-created diamond is “produced” within a laboratory using cutting-edge technology mimicking the natural diamond growth process. As a result, man-made diamonds are chemically, physically, and visually identical to those found beneath the Earth’s surface. They have a shorter supply chain and are just as stunning and durable as standard diamonds. In fact, without the assistant of specific equipment which can scan crystal patterns and imperfections, even industry specialists can’t detect the difference. In 2021, jewellery brands saw the potential in the lab-grown process and have opted to use man-made diamonds when making stunning engagement rings. Although diamond which is considered synthetic and is professionally created in a laboratory may not correspond to one’s romantic ideas, there are many advantages of a lab-grown diamond engagement ring – including the fact that they are just as dazzling, glittering, and eye-catching as their real diamond counterparts.
When it comes to cost, lab-grown diamonds are an easy choice. One of the most significant advantages of acquiring a lab-grown diamond engagement ring is that you can obtain a significantly larger carat size for the same price as a smaller mined diamond with equivalent or superior cut, colour, clarity, and carat (the 4C C’s). Today, lab diamonds are 40-50 percent less costly than comparable-quality mined diamonds. This is due to two factors: the supply chain for lab-grown diamonds is far more efficient, and diamond mining businesses’ earnings are relatively significant.
When it comes to style, choosing a lab-grown diamond does not limit your options. Lab-grown diamond engagement rings are available in every colour, shape, carat, and cut. Millennials and Gen Z customers are more in favour of lab-grown diamonds thanks to the ethical benefits they offer, where 70% of millennials recently said that they would consider a lab-grown diamond for their engagement ring. Because of this, lab-grown diamond rings are often designed in modern styles, including the concealed halo, geometric shapes, and modern twist patterns.
In comparison to natural diamonds, lab-grown diamond rings feature fewer flaws, and the crystal structure is less strained. Whilst you will pay thousands of pounds for a high clarity natural diamond with minimal inclusions, you can get the same physical appearance from a lab-grown diamond and avoid the high the cost.