Are colored diamonds being produced synthetically?
It’s possible to synthesize a colored diamond. Colored diamonds will probably be the most important way in which synthetic diamonds affect the market because of the high prices of natural colored diamonds, They’re really focusing on the yellows right now, but they can do blues and pinks as well. You can synthesize yellow diamonds and sell a one-carat, yellow diamond for 10 or 20 percent of the price of what a natural colored diamond would be. For people who are more interested in having a large colored diamond than they are in having a natural, large yellow colored diamond, they can buy it for a small fraction of the price. This is a place, a niche, which the synthetic diamond producers are really trying to exploit. They can produce the colored diamonds at a price that is so much less than the natural-colored stones, and they can produce a steady supply of them, so the market can build around them. They’re banking on the fact that there will be enough people out there that will be happ
