Are lab-grown diamonds a better investment than natural diamonds?

financialexpress.com:

Lab-grown diamonds have moved beyond the stage of uncertainty and are now in the growth phase. More and more people are turning to lab-grown diamonds, which are real diamonds created in a laboratory using advanced technology. Lab-grown diamonds have the same physical and optical properties as mined diamonds and are certified by trusted laboratories. They are indistinguishable from natural diamonds and offer the same beauty and durability. Moreover, they have several advantages when it comes to investing in the future.

Discussed below are some reasons why buying a lab-grown diamond is a smart and sustainable choice:

Lab-grown diamonds are significantly cheaper than natural diamonds, as they do not involve the high costs of mining, transportation and intermediaries. You can get a diamond of the same quality and size at a fraction of the price. For example, a one carat natural round diamond of G-VVS1 specifications costs at least ₹2.5 lakh. On the other hand, a lab-grown diamond of the same size and characteristics can be bought at approximately ₹40 thousand or ₹50 thousand. This means you can save up to 80% by choosing a lab-grown diamond over a natural one.

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The money you save by buying a lab-grown diamond can be invested in other avenues that give you higher returns and can be liquidated easily. For instance, if you invest the difference of ₹2 lakh in a mutual fund that gives you an annual return of 12%, you can earn ₹24 thousand in the first year, and ₹1.5 lakh in five years. This way, you can grow your wealth while enjoying the sparkle of your lab-grown diamond.

Lab-grown diamonds are not only cheaper, but also have the potential to appreciate in value over