Download Now

MoneyMax Financial Services Ltd FREE - On the App Store




Can you tell whether this ring is made of real diamonds or simulant diamonds? It is actually a replica of Gwyneth Paltrow’s engagement ring and one can hardly tell the difference.

You might be surprised that there are 4 alternatives to natural diamonds today:

  1. Cubic Zirconia (CZ)
  2. Zircon
  3. Synthetic Moissanite
  4. Synthetic Diamonds


Synthetic Diamonds will be the most similar to mined diamonds and they are also commonly known as a lab-grown diamond. Synthetic diamonds have the same physical and chemical properties whereas the other simulant diamonds do not have the chemical makeup of a mined diamond. The most crucial difference between a synthetic diamond and a mined diamond is the price.  

Generally, synthetic diamonds are about 20-30% cheaper than mined diamonds regardless of the shape, cut, carat, colour or clarity. But there are limits to the size of the diamonds as compared to mined diamonds. So if you’re looking for a ring that is bigger than 2 carat, a mined diamond will be your best choice.

Another drawback would be that most would also find it unromantic to have an engagement/wedding ring made of synthetic diamond as it will only take a few days to make one versus a mined diamond that takes millions of years to form.

If you’re looking for an affordable diamond ring with a unique design, you can also explore our pre-owned diamond rings collection. All our rings are cleaned thoroughly and polished to pristine condition. Enjoy shopping!