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When you hear the word investment, the first thing that might come to your mind is stocks, crypto coins, etc. However, these investment options are highly volatile since they see a lot of fluctuations due to economic conditions and market trends. Nevertheless, diamonds are a more stable investment that has been with us for quite some time.

They are not just a perfect investment option but an optimal choice for wedding jewelry. The demand for lab created diamonds is continuously increasing due to the amazing value it offers. According to Statista, the total value of the man-made diamond market was around $19 billion in 2020.

Moreover, there is a good chance it will reach close to $30 billion by 2025. So what are lab grown diamonds? How are they different from mined diamonds? What makes them the perfect option for wedding rings? We will discuss all those things in this article so read on!

Brief Overview Lab Grown Diamonds

Before we move on to the reasons why you should invest in lab grown diamonds, you need to understand what they are. The lab created diamonds are real diamonds with only a slight difference in origin compared to the naturally-mined diamond. They are grown in a lab with cutting-edge technology.

They are also referred to as man-made diamonds and share the same characteristic as mined diamonds. Since they are relatively inexpensive, it makes them an ideal option for wedding and engagement rings.

How are Lab Grown Diamonds Similar to Mined Diamonds?

One of the main purposes for buying man-made diamonds is to use them as special event jewelry. So, it might raise the question in your mind — does it have the same characteristics as a mined diamond?

When assessing the diamonds, jewelers around the world use the following 4Cs grading system:

• Carat: It tells you about the diamond’s size
• Color: The color is also an important element that determines the value of diamonds
• Cut: The diamond cuts refer to the style and design of the diamond
• Clarity: It refers to the purity and rarity of the diamond

So, if you grade the man-made diamonds according to this tier system, you will notice there is no difference with mined diamonds. They have the same variety, rate, texture, and clarity as the mined diamonds.

These diamonds are a great alternative to expensive traditional engagement rings that can cost you thousands of dollars. So, you don’t have to worry about taking out a loan to give your special someone a diamond ring.

Why Are Lab Grown Diamonds Becoming a Popular Choice?

There is a false perception about lab grown diamonds that they are fake. That is not the case since these diamonds are authentic and they are amazing. It is an optimal choice for anyone who is looking for proposal rings within a limited budget.

Not just that, but these diamonds are sustainable and environmentally friendly. Although mined diamonds might look aesthetically appealing, they cause some severe damage to the earth. It is because the mining process requires explosive and heavy equipment to dig deep into the Earth.

If you look at the carbon per carat that the mined diamond omits, it is around 125 pounds. On the other hand, the man-made diamond only generates around 6 pounds of carbon per carat. Therefore, they are a much better option considering the environmental changes that threaten the world today.

Reasons Why the Man-Made Diamonds Are an Ideal Investment Option

Now that you understand man-made diamonds and why they are becoming increasingly popular, let’s go over the reasons why you should invest in them.

1. Budget-Friendly and Affordable

Most people want to give their loved ones a special diamond pendant or a solitaire engagement ring for a memorable moment. But, this would mean that they would have to invest in an expensive commodity that might be out of their range.

That is where the lab created diamonds come into play. They are less expensive and are a much more budget-friendly option. You can find the following items that will help you to show your feelings and affection for your loved ones:

• Solitaire ring
• Wedding rings for women
• Diamond stud earrings
• Wedding bands for women
• Wedding Jewelry
• Proposal rings
• Diamond tennis bracelets
• Wedding sets
• Diamond tennis bracelets
• And a lot more!

2. More Suitable From a Social Conscience Point of View

You might have heard about the terms “blood diamonds” or “conflict diamonds,” but what does it mean? These terms refer to the diamond trade that is fueling conflicts against legitimate governments all over the world.

Not just that, but there have also been concerns about child labor practices and human rights violations in the diamond mining industry. Though there have been efforts to curtail the blood diamonds trade, such as the Kimberley Process Certification Scheme, it’s still a major concern for many.

Nevertheless, you don’t have to worry about these things when it comes to lab grown diamonds. Since these diamonds are manufactured in a controlled environment, they wouldn’t have the same issues that are associated with mined diamonds.

3. Future Prospects

While there are investment options such as stocks, crypto coins, etc., they are subject to change due to inflation. However, diamonds enjoy a relatively stable price and have less volatility than other investment options. Therefore, it makes man-made diamonds an ideal option for investment purposes.

Apart from the physical attraction that the different types of diamonds offer, it holds significant financial value. So, it offers a great prospect for those who want to invest in this commodity.

The Future Belongs to Lab Grown Diamonds

The reasons mentioned in this article tell you that man-made diamonds are an ideal investment option. They are a luxurious and aesthetically appealing commodity that is available at pocket-friendly pricing. So, if you want a proposal ring, you should go for the lab grown diamond engagement rings.

The best thing about going for lab created diamonds for your wedding jewelry is that you can get them for a fraction of the cost of mined diamonds. Moreover, you can also play your role in protecting the environment. So, you should plan on getting one for your loved ones today!