How much does a 5.00ct+ I VS1 lab grown oval diamond cost?

As of October 2026, 5.00ct+ I VS1 lab grown oval diamonds typically cost ₹1,11,025 INR to ₹6,40,999 INR, with a median price of ₹3,19,982 INR. There are currently 39 diamonds matching this specification available across retailers.

Where can I find the best price on a I VS1 oval diamond?

About 42% of these diamonds are available at multiple retailers, with an average price spread of 95%. A comparison tool like Carat Hunter lets you see all the prices side by side.

5.00ct+ I VS1 Lab Grown Oval

Quick answer

As of October 2026, there are 39 lab grown oval diamonds with I colour and VS1 clarity in the 5.00ct+ range available across retailers worldwide. Prices typically run ₹1,11,025 INR to ₹6,40,999 INR, with a median of ₹3,19,982 INR. At least 34 retailers stock this exact specification, and 42% of the stones appear at more than one of them, with an average price spread of 95%. Half of all listings fall between ₹21,981 INR and ₹53,466 INR per carat. The same specification in natural form lists at a median of about ₹26,17,308 INR per carat. Over the last 30 days the median price moved -13.6% and the number of listings moved +14.4%.

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

Caratlytics Diamond Price Index, September 2026: natural diamonds at 2,335 USD per carat and lab-grown at 443 USD per carat, a natural to lab ratio of 5.3 to 1. Oval lab grown stones in the index: 453 USD per carat, -7.4% month on month. See the full index release

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

Last updated: October 2026

Available

Lowest Price

₹51,083 INR

Highest Price

₹48,28,208 INR

Average Price

₹4,82,927 INR

Market Intelligence

Retailers Selling

Cross Retailer %

41.5%

Price Spread

95.0%

30-Day Price Trend

-13.6%

30-Day Supply Change

+14.4%

Volatility (30d)

0.04

Price Range

Price per carat distribution across retailers

$349/ct

10th Percentile

$176

Median

$349

90th Percentile

$864

Score Distribution

68 diamonds scored across 4 quality tiers

Excellent

12 (17.6%)

Very Good

11 (16.2%)

Good

24 (35.3%)

Average

21 (30.9%)

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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