Diamond Prices Going Up - Consider Lab-Created

The price of rough diamonds increased 16% in 2008. Demand in emerging markets, primarily Asian countries, is cited as one of the primary reasons.

As the price of mined rough diamonds rises, the idea of lab-created gems becomes even more attractive. Not only are lab-created gems chemically, optically and physically identical to their mined counterparts; and are not marked by the same degree of social and environmental impact; they are also typically a terrific value.

Colored gems and diamonds in particular can be as much as 25% of the cost of mined gems.

DNA2Diamonds creates genuine, GIA-certified cultured diamonds made from the signature carbon extracted from a lock of hair or cremated remains, in 70 days or less. DNA2Diamonds can be created in various styles, colors, and sizes, including Radiant, Princess or Brilliant cuts in sparkling colors of deep red, yellow-green, or cognac and in sizes ranging from 0.25 carats to 2.0 carats. These personal diamonds and can be set into a ring, bracelet, earrings or worn as a pendant. Prices start under $2,000 and range up to $18,000 depending upon the cut, size and color chosen.