In recent years, lab-grown diamonds have emerged as a popular alternative to their naturally occurring counterparts. One of the most striking aspects of lab-grown diamonds is their affordability relative to mined diamonds. But what exactly makes lab-grown diamonds so much cheaper? Let's delve into the factors that contribute to their lower price point. First and foremost, the cost of production for lab-grown diamonds is significantly lower than that of mined diamonds. Traditional diamond mining involves complex and expensive processes, including …