1 Carat Lab Grown Diamond Ring Price In India

6 min read Jul 06, 2024
1 Carat Lab Grown Diamond Ring Price In India

1 Carat Lab Grown Diamond Ring Price in India

Introduction

Lab grown diamonds, also known as cultured diamonds or synthetic diamonds, have been gaining popularity in the Indian market in recent years. With their similar physical and chemical properties to natural diamonds, lab grown diamonds offer a more affordable and sustainable alternative to traditional diamond jewelry. In this article, we will explore the price of a 1 carat lab grown diamond ring in India.

What are Lab Grown Diamonds?

Lab grown diamonds are created using advanced technological processes that replicate the natural processes of diamond formation. They have the same physical and chemical properties as natural diamonds, including their brilliance, fire, and luster. Lab grown diamonds are certified by organizations such as the Gemological Institute of America (GIA) and the International Gemological Institute (IGI), ensuring their authenticity and quality.

1 Carat Lab Grown Diamond Ring Price in India

The price of a 1 carat lab grown diamond ring in India can vary depending on several factors, including the quality of the diamond, the type of metal used for the ring, and the design and craftsmanship of the jewelry.

Types of Lab Grown Diamonds

There are several types of lab grown diamonds available in the Indian market, each with its own unique characteristics and price range.

  • HPHT (High Pressure High Temperature) Lab Grown Diamonds: These diamonds are created using a high pressure and high temperature process, resulting in a diamond with a slightly yellow or brown tint. HPHT lab grown diamonds are relatively less expensive than other types, with a price range of ₹40,000 to ₹60,000 per carat.
  • CVD (Chemical Vapor Deposition) Lab Grown Diamonds: These diamonds are created using a chemical vapor deposition process, resulting in a diamond with a higher clarity and purity. CVD lab grown diamonds are more expensive than HPHT diamonds, with a price range of ₹60,000 to ₹80,000 per carat.
  • Colored Lab Grown Diamonds: These diamonds are created using advanced technological processes that introduce impurities to create a range of colors, from pink to blue. Colored lab grown diamonds are highly sought after and can be more expensive than white diamonds, with a price range of ₹80,000 to ₹1,00,000 per carat.

Ring Settings and Designs

The type of metal used for the ring setting, as well as the design and craftsmanship of the jewelry, can also affect the overall price of the ring.

  • Gold Settings: Gold settings, including 14K and 18K gold, are a popular choice for lab grown diamond rings. The price of a gold setting can range from ₹10,000 to ₹30,000, depending on the quality and weight of the gold.
  • Platinum Settings: Platinum settings are a more expensive option, known for their durability and strength. The price of a platinum setting can range from ₹20,000 to ₹50,000, depending on the quality and weight of the platinum.
  • Design and Craftsmanship: The design and craftsmanship of the jewelry can also affect the overall price of the ring. Intricate designs and high-end craftsmanship can increase the price of the ring, while simple designs and mass-produced jewelry can be more affordable.

Conclusion

In conclusion, the price of a 1 carat lab grown diamond ring in India can vary depending on several factors, including the type and quality of the diamond, the type of metal used for the ring setting, and the design and craftsmanship of the jewelry. With prices ranging from ₹40,000 to ₹1,00,000 per carat, lab grown diamonds offer a more affordable and sustainable alternative to traditional diamond jewelry.

Recommendations

If you are considering purchasing a lab grown diamond ring, we recommend doing your research and comparing prices from different retailers. Look for retailers that offer high-quality diamonds, certified by organizations such as the GIA or IGI, and consider the type of metal used for the ring setting and the design and craftsmanship of the jewelry.

Featured Posts