If you have been watching lab grown diamond prices, you have probably noticed they keep coming down. At Raisoni Jauharis we hear the same question almost every day: "If prices are falling, am I paying a fair price today?" It is a smart question, and it deserves a clear, data-backed answer.
In this guide we explain what the market data actually shows, why lab grown diamond prices have fallen, why a jewellery price does not fall in the same way as a loose diamond price, and how Raisoni Jauharis keeps every part of its pricing transparent.
Key takeaways
- Lab grown diamond wholesale prices fell about 26 percent year-on-year in 2025, according to analyst Edahn Golan.
- Falling prices are driven by rapidly expanding production capacity and more efficient growing technology.
- A jewellery price includes gold, making charges and GST, so it does not fall at the same rate as loose diamond prices.
- Many Raisoni Jauharis product pages show a price breakup so you can see exactly what you pay for.
- A strong buyback policy matters more than predicting the market.
What the market data shows
Wholesale prices in 2025
Industry analyst Edahn Golan publishes regular lab grown diamond wholesale price lists that are widely reported by trade media. According to his data:
- In Q2 2025, wholesale prices fell 6.7 percent compared with the previous quarter.
- Popular 1 to 3 carat goods were around 42 percent cheaper than a year earlier.
- Wholesale prices for 3-carat round stones roughly halved within a year.
- Across calendar year 2025, wholesale prices declined about 26 percent year-on-year, according to his January 2026 price list.
What retailers paid
The same Q2 2025 data showed US retailers paying around $191 per carat on average for a 1-carat, round, IGI-certified lab grown diamond, down from about $207 per carat in Q1 2025. That retail cost was still roughly double the wholesale trading price, showing how many layers of margin can sit between a grower and a shopper.
Is the decline slowing
Some industry tracking suggested that the pace of decline slowed in early 2026 compared with previous quarters. That does not mean prices have stopped falling or will rise again. No one can predict the market with certainty.
Why lab grown diamond prices keep falling
1. Production capacity grew faster than demand
Over the past few years, many new CVD and HPHT growing facilities came online, particularly in India and China. Supply increased faster than consumer demand, which pushed prices down across the market.
2. Technology became more efficient
Growers have improved reactor design, seed quality and growth processes. When each carat costs less to produce, competitive pressure brings selling prices down.
3. Buyers learned to compare
As customers became familiar with lab grown diamonds, they began comparing by carat, colour, clarity, cut and laboratory. Inflated pricing became harder to sustain once buyers could compare like with like.
4. Lab grown supply is not limited like mined supply
Natural diamond supply depends on what mines can extract. Lab grown diamonds can be produced on demand in a controlled setting, so their price follows production cost and competition far more closely.
Why your jewellery price does not fall at the same rate
The diamond is only one part of the price
A finished piece of jewellery includes much more than the diamond. Gold has risen significantly in price in recent years, and gold often makes up a large share of the total. Design, casting, setting, polishing and finishing also require skilled labour, and GST applies to the total value.
Small diamonds behave differently
Headline price drops usually refer to larger stones such as 1 to 3 carats. Many everyday pieces use many small diamonds, where the setting labour per stone can be a large part of the cost. A pavé band with 30 tiny diamonds involves 30 separate settings.
How a Raisoni Jauharis piece is priced
Many Raisoni Jauharis product pages show a price breakup so you can see where your money goes.
| Component | What it covers | What changes it |
|---|---|---|
| Diamond value | The lab grown diamonds in the piece | Carat, colour, clarity, cut and number of stones |
| Gold value | Net weight of gold at the chosen purity | 9K, 14K or 18K, and the prevailing gold rate |
| Gemstones | Any coloured stones used in the design | Type, size and quality |
| Making charges | Design, casting, setting, polishing and finishing | Design complexity and number of settings |
| GST | 3 percent on finished jewellery | Applied by law to the total value |
An illustrative example
Imagine two pendants with the same diamond. One is made in 18K gold with a detailed halo; the other is a simple 14K solitaire. The diamond value is identical, but the 18K halo pendant costs more because it uses more gold at a higher purity, more small diamonds and more setting work. A price breakup makes this difference easy to see.
Why manufacturer-led pricing helps
Raisoni Jauharis has manufacturing roots in Surat's diamond industry. A manufacturer-led brand can explain each line of a price directly rather than quoting a single opaque number. That said, "manufacturer-direct" is not a promise that every item is cheaper than every competitor. The best test is always a like-for-like comparison.
How Raisoni Jauharis protects your purchase
- Lifetime buyback. 80 percent of the diamond value and up to 100 percent on gold, as per our current buyback policy.
- Independent certification. IGI and HRD Antwerp reports confirm the diamond you pay for is the diamond you receive.
- Purity choice. 9K, 14K and 18K options let you decide how much of your budget goes into gold.
- Clear disclosure. Every diamond is identified as lab grown on the product page and invoice.
How to compare prices fairly between jewellers
| Compare this | Why |
|---|---|
| Gold purity and net weight | 18K and 14K pieces are not comparable on price alone |
| Diamond carat, colour, clarity and cut | Small grade differences change value |
| Grading laboratory | Reports from different labs are not always graded identically |
| Making charges | Flat amount or percentage of value |
| GST | Included or added at checkout |
| Buyback and returns | A lower price with weak after-sales terms may cost more later |
Should you wait for prices to fall further
The honest answer
Nobody can promise where prices will go next. If you wait, you may save a little on the diamond, but gold rates may move in either direction and you lose the time you could have spent wearing the piece.
Buy jewellery to wear, not as an investment
We recommend buying lab grown diamond jewellery because you love it and will wear it, not as a financial investment. If you pay a fair, transparent price and wear the piece for years, you have made a good purchase. Our guide on resale value of diamond jewellery explains this further.
When buying now makes sense
- You have a specific occasion such as an engagement, wedding or festival.
- You want a piece for daily wear and will use it for years.
- The jeweller offers a clear buyback policy.
Shop with a clear price breakup
- Jewellery starting from ₹5,999
- Daily Wear Jewellery
- Engagement Rings
- Solitaire Rings
- Top Selling Products
Frequently asked questions
Why are lab grown diamonds cheaper than natural diamonds?
They can be produced on demand in a controlled environment, and production capacity has grown rapidly. Their supply is not limited the way mined supply is.
Does a lower price mean lower quality?
No. Price reflects market supply and competition, not the diamond's physical properties. Quality depends on the specific stone's cut, colour and clarity, which a grading report records.
Will my lab grown diamond lose value?
Open-market resale value for lab grown diamonds is limited, which is why the jeweller's own buyback policy matters. Raisoni Jauharis currently offers lifetime buyback at 80 percent of the diamond value and up to 100 percent on gold.
Is GST included in Raisoni Jauharis prices?
Check the price breakup on the product page, or ask our team for a full quote before purchase.
Why does gold purity change the price so much?
18K gold contains 75 percent pure gold, while 14K contains 58.5 percent and 9K contains 37.5 percent. More pure gold means a higher metal value.
The bottom line
Lab grown diamond prices have fallen sharply, and the data shows why. But a fair jewellery price is about more than the diamond. It is about knowing what you pay for, comparing like with like, and buying from a jeweller who stands behind the piece. That is the standard Raisoni Jauharis aims to meet on every order.
Want a line-by-line quote for a design? WhatsApp us on +91 99746 02511 or contact our team.
Sources
Edahn Golan Q2 2025 Lab Grown Diamond Wholesale Price List and January 2026 price list, as reported by InStore, WatchPro and Modern Jeweler; Tenoris retail data; GST rate for jewellery under HSN 7113. Buyback terms are as of October 2026 and subject to the current policy.
