Published on 24, May 2023

Why Lab-Grown Diamonds are the Future

Lab-grown diamonds have been making waves in the diamond industry in recent years. They are created in a lab setting, using advanced technology to replicate the process of natural diamond formation. These diamonds are becoming increasingly popular among consumers who are looking for more ethical and environmentally-friendly options. 

Kay Chang, JenniVere Song Lee, and Lake Lui, the founders of Sanguine Gem Stones, share their views on why lab-grown diamonds are the future of the industry.

Sustainability

One of the biggest advantages of lab-grown diamonds is their sustainability. Natural diamonds are typically mined from the earth, which can have significant environmental impacts. Mining can result in soil erosion, water pollution, and habitat destruction. Lab-grown diamonds, on the other hand, are created in a controlled environment without any negative environmental impacts.

“We do use ethically sourced diamonds that we are able to guarantee are conflict-free,” says Kay. “But we do feel that lab-grown diamonds are more sustainable, and we think that’s one major reason why the market is moving in that direction.”

Ethics

Another major advantage of lab-grown diamonds is their ethical nature. Natural diamonds have been associated with conflict and human rights violations for many years. Conflict diamonds, also known as blood diamonds, are diamonds that are mined in war zones and sold to fund armed conflict against governments. 

JenniVere shares, “Many people are concerned about the ethical implications of buying a natural diamond. I know I would be! But lab-grown diamonds are completely free from any ethical concerns. They’re created using advanced technology and aren’t associated with any conflict or human rights violations.”

Quality

Lab-grown diamonds are of the same quality as natural diamonds. In fact, it is often difficult to tell the difference between a lab-grown diamond and a natural diamond without specialized equipment. Lab-grown diamonds have the same physical and chemical properties as natural diamonds, and are just as hard and durable.

Affordability

Another major advantage of lab-grown diamonds is their affordability. Natural diamonds are often priced higher due to their rarity and the cost of mining and processing them. Lab-grown diamonds, however, can be produced at a lower cost and are therefore more affordable. This makes them an attractive option for consumers who want a diamond but cannot afford a natural one.

Availability

Natural diamonds are rare and are only found in a few parts of the world. This makes them difficult to access and can lead to supply chain issues. Lab-grown diamonds, on the other hand, can be produced in large quantities and are readily available. This means that consumers can easily find the diamond they want without having to worry about availability issues.

Innovation

The lab-grown diamond industry is constantly evolving and advancing. New technologies are being developed to produce diamonds that are larger and of higher quality than ever before. “This means that lab-grown diamonds will continue to improve in quality and affordability in the future,” shares Lake. 

“When we created Sanguine Gem Stones, innovation and creativity were so important to us,” she adds. “We want to offer styles that are timeless, classic, but also unique - something you won’t see just anywhere. We feel that lab-grown stones help us in our initiative to offer something unique.”

Final thoughts

Lab-grown diamonds are the future of the diamond industry. They offer a sustainable, ethical, and affordable alternative to natural diamonds. As technology continues to advance, the quality and availability of lab-grown diamonds will only continue to improve. For consumers who want a diamond that is environmentally-friendly and free from ethical concerns, lab-grown diamonds are the perfect choice.

Learn more: https://sanguinegemstones.com/