What are lab diamonds?
Lab-grown diamonds, also known as synthetic or man-made diamonds, are created in a laboratory using advanced technological processes that mimic the natural conditions under which diamonds form in the earth. These diamonds are chemically, physically, and optically identical to mined diamonds – they’re real diamonds, just grown in a lab rather than dug from the ground.
How much cheaper are they than mined diamonds?
Lab diamonds typically cost 40% to 70% less than natural diamonds of the same size and quality. This is mainly because the supply chain is shorter, there’s less environmental impact, and they aren’t limited by mining restrictions.