How much does a 3.00 to 4.99ct I VS2 lab grown oval diamond cost?

As of September 2026, 3.00 to 4.99ct I VS2 lab grown oval diamonds typically cost ₹4,74,704 INR to ₹7,63,716 INR, with a median price of ₹5,97,250 INR. There are currently 460 diamonds matching this specification available across retailers.

Where can I find the best price on a I VS2 oval diamond?

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3.00 to 4.99ct I VS2 Lab Grown Oval

Quick answer

As of September 2026, there are 460 lab grown oval diamonds with I colour and VS2 clarity in the 3.00 to 4.99ct range available across retailers worldwide. Prices typically run ₹4,74,704 INR to ₹7,63,716 INR, with a median of ₹5,97,250 INR. At least 32 retailers stock this exact specification. Half of all listings fall between ₹41,851 INR and ₹1,48,466 INR per carat. The same specification in natural form lists at a median of about ₹14,15,752 INR per carat.

Three of the best scored stones at this specification right now:

Caratlytics Diamond Price Index, August 2026: natural diamonds at 2,184 USD per carat and lab-grown at 464 USD per carat, a natural to lab ratio of 4.7 to 1. Oval lab grown stones in the index: 487 USD per carat, -11.2% month on month. See the full index release

Figures come from live listings across more than 100 retailers and refresh daily. The index is a monthly release.

Last updated: September 2026

Available

460

Lowest Price

₹40,326 INR

Highest Price

₹91,91,916 INR

Average Price

₹6,55,109 INR

Market Intelligence

Retailers Selling

Price Spread

114.7%

Price Range

Price per carat distribution across retailers

$973/ct

10th Percentile

$287

Median

$973

90th Percentile

$1,606

Score Distribution

460 diamonds scored across 4 quality tiers

Excellent

6 (1.3%)

Very Good

13 (2.8%)

Good

19 (4.1%)

Average

422 (91.7%)

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Related Specifications

D IF D VVS1 D VVS2 D VS1 D VS2 D SI1 E IF E VVS1 E VVS2 E VS1 E VS2 E SI1 F IF F VVS1 F VVS2 F VS1 F VS2 F SI1 G IF G VVS1 G VVS2 G VS1 G VS2 G SI1 H IF H VVS1 H VVS2 H VS1 H VS2 H SI1 I IF I VVS1 I VVS2 I VS1 I VS2 I SI1