Diamonds attract people with their incredible shine and flawless transparency. That’s why, the trend of wearing diamonds is old. However, diamond lovers have different demands and requirements when they want to purchase diamonds. Which led to the introduction and production of lab-grown diamonds. These diamonds are safe and ethically manufactured using different production procedures and high-quality technological equipment. They are more affordable than natural diamonds making diamond users curious to know how much cheaper is a lab-grown diamond. Visit Bliss Diamond for more details.
Consider 4 Factors To Learn How Much Cheaper is a Lab-Grown Diamond?
The following are the important factors to know the affordability level of lab diamonds.
Special Price Difference To Consider
The first factor is that there is a special price difference between natural and lab diamonds. And they are at least 40% cheaper than natural diamonds. This huge price difference is the result of balanced production procedures used in lab diamonds. And their effective supply chain logistics.
Mining natural diamonds can prove a painstaking and laborious procedure because laborers have to do the mining. Cutting, and polishing of the diamonds which can take a lot of time and resources, leading to expensive costs. On the other hand, lab diamonds can be produced in a laboratory setting with fewer resources in a limited time.
Manufacturing Procedures Of Lab Diamonds
The second factor is that natural diamonds are produced after many years but lab diamonds are produced. Using two simple procedures that replicate the same conditions maintained in natural diamond production procedures. Leading to the production high quality and original diamonds. HPHT and CVD production procedures are used to manufacture lab diamonds.
HPHT procedure involves heating the diamond seed at intense temperatures and pressure which are expensive. But cheaper as compared with traditional diamond production procedures. CVD procedure involves transferring carbon-rich gases into a vacuum chamber to deposit carbon atoms. Layer by layer and forming diamond crystals. This production procedure is cheaper than HPHT and is famous for producing high-quality diamonds with fewer inclusions.
Supply And Demand In The Diamond Market
The third factor is that the demand and requirements for using sustainable and eco-friendly jewelry are increasing continuously. Which further decreases the price of lab diamonds. Natural diamonds require years for formation which makes them popular yet scarce but lab diamonds can be produced. In a short period according to consumer’s requirements which increases their market demand, value, and supply.
Improved Methods For Simpler Production
The fourth factor is that as time passes, new advancements and technologies are introduced in manufacturing lab diamonds. Which make their production further easy and affordable. Professionals are continuously taking measures to further reduce the requirement of energy resources in producing lab diamonds. Which makes them more sustainable and environment-friendly. People are getting awareness about the benefits of using eco-friendly and ethically produced diamonds. Which makes them conscious about using lab diamonds and keeping their environment safe.