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Lab diamonds have been on the market for quite a few years, creating a constant stir of modernism with affordable rates. They are excessively valuable gemstones, like natural diamonds. The slight difference lies in its production; lab diamonds are produced in laboratories, while natural diamonds are created by nature and mined by humans.

Lab-grown diamonds are the perfect way to enchant your jewelry and get a chic look without being hard on your pocket. Its usage has increased in recent years, given its exquisite shine and charm. Though inexpensive to natural diamonds, its jewelry will last you for generations.

What are Lab Diamonds?

Lab-grown diamonds have the same chemical and physical composition as natural diamonds with equivalent properties of durability. Both natural and lab diamonds show a 10 rating on the Mohs scale of durability, implying you can wear lab diamonds with confidence and boldness.

A lab diamond should be selected based on the infamous four Cs: carat weight, color, cut, and clarity. The first C refers to the actual size of the diamond, while the rest signify how it has been cut to reflect light and its color and quality. The first two Cs are the hallmark in selecting the lab diamonds, though color and clarity also affect their appearance and value.

Lab diamonds have several types, each with different cuts, quality, and distinctive price tags. Some are cheaper and can be utilized for making your favorite jewelry piece without going overboard. But it is no easy task to rummage through all the lab diamonds to get the one that befits your preferences.

This article unfolds the most demanded lab diamonds suitable for making low-budget jewelry.

HPHT Diamonds

Also known as high-pressure and temperature diamonds, the same process synthesizes HPHT diamonds that natural diamonds require to nurture in Earth’s mantle. They are high quality because they resemble natural diamonds and carry similar properties.

HPHT diamonds come in numerous shapes and sizes that can be molded into any modern jewelry piece. They are a suitable substitute for natural diamonds for some, but they can still be more expensive than other lab diamonds. Keep reading to unveil the low-budget lab-grown diamonds.

Chemical Vapor Deposition Diamonds

CVD diamonds are created in large quantities, which makes them relatively cheaper than other lab diamonds. They are identical to natural diamonds, and you can hardly illustrate any difference unless you are a professional with sophisticated and relevant industry tools.

According to a researcher, CVD diamonds are 70% cheaper than other comparable natural diamonds. These lab-grown diamonds can be your savior in creating a piece of beautiful low-budget jewelry in 2023. Moreover, CVD diamonds come with a resale value, depending on the quality and carat of your stone.

Diamond Simulants

These stones carry the same appearance as mined diamonds but have different chemical and physical properties. They are much cheaper than lab diamonds and can easily be crafted in jewelry to look like natural diamonds. However, their durability might not be ensured, similar to other lab-grown diamonds.

Cubic zirconia is one of the most demanded diamond simulants delivering enough sparkle to your low-budget jewelry. But its shine might fade, making your jewelry look dull or scratchy. Moissanite is another diamond simulant famous for its brilliance among lab diamonds, though it may be a little more expensive than zirconia, considering its higher durability.

Diamond simulants offer a more cost-effective option for accessorizing your jewelry, but it is crucial to remember that its durability is lower than other diamonds. Their appearance is slightly different from diamonds when subjected to different lights. However, if it is the end of the month and you want a diamond ring signifying your style, you can opt for it. It is a good option for making beautiful yet affordable jewelry.

Colored Lab-Grown Diamonds

As the name suggests, these lab diamonds are synthesized by introducing a tint of color into the diamond during its growth phase. These diamonds come in various colors, from light tones of pink to dark greens and burgundies. In contrast to natural-colored diamonds, which are excessively rare and costly, lab diamonds are produced at a less pricey rate.

These stones can be utilized in creating beautiful jewelry pieces, including statement rings, necklaces, and earrings. Colored lab diamonds have caused quite a buzz in competing with traditional colorless diamonds by offering durability and an affordable rate.


A lab-grown diamond has always been great news for jewelry freaks who spend a lot on buying beautiful jewelry. The aforementioned types of lab diamonds are the best pick among the lot to choose from for creating your low-budget jewelry in 2023. Diamonds have always added beauty and class to your style, whether lab-grown or naturally mined. Thus, be smart and choose the best that suits your taste and budget.