Diamond News

Lab-created #diamonds continue price decline

The discount of gem-quality lab-created diamonds, manufactured...

Lab-created #diamonds continue price decline The discount of gem-quality lab-created diamonds, manufactured...

World Diamond News
Lab-created #diamonds continue price decline

The discount of gem-quality lab-created diamonds, manufactured for use in jewelry, relative to natural diamonds has doubled from around 10-20% a year ago to 30-40% today, according to a survey of prices.

For example, a white, 1-carat round diamond that is VS (very slightly included) in clarity, F-H (near-colourless to colourless) in color, VG-ideal cut, with no-to-low florescence was selling for around US$4,850 at the end of the first quarter of 2017 but is now US$4,350 — a 10% decline.

However, over the same period of time, the price of an equivalent natural diamond went from US$5,850 to US$6,150, representing an increase of about 5%. Thus, the discount of the lab-created diamond relative to the natural equivalent was roughly 17% at the end of the first quarter of 2017, but is now about 29%, a 71% year-over-year increase.

READ MORE: http://www.northernminer.com/news/the-price-of-lab-created-diamonds-continues-to-fall/1003796957/