How much does a 5.00ct+ I VVS2 lab grown oval diamond cost?

As of September 2026, 5.00ct+ I VVS2 lab grown oval diamonds typically cost ₹1,03,063 INR to ₹12,87,738 INR, with a median price of ₹3,58,541 INR. There are currently 48 diamonds matching this specification available across retailers.

Where can I find the best price on a I VVS2 oval diamond?

Compare prices across retailers on Carat Hunter to see all your options.

5.00ct+ I VVS2 Lab Grown Oval

Quick answer

As of September 2026, there are 48 lab grown oval diamonds with I colour and VVS2 clarity in the 5.00ct+ range available across retailers worldwide. Prices typically run ₹1,03,063 INR to ₹12,87,738 INR, with a median of ₹3,58,541 INR. At least 17 retailers stock this exact specification. Half of all listings fall between ₹37,090 INR and ₹98,647 INR per carat. The same specification in natural form lists at a median of about ₹26,85,597 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

Lowest Price

₹67,179 INR

Highest Price

₹23,37,684 INR

Average Price

₹5,42,755 INR

Market Intelligence

Retailers Selling

Price Spread

89.4%

Price Range

Price per carat distribution across retailers

$720/ct

10th Percentile

$305

Median

$720

90th Percentile

$1,646

Score Distribution

48 diamonds scored across 4 quality tiers

Excellent

14 (29.2%)

Very Good

9 (18.8%)

Good

4 (8.3%)

Average

21 (43.8%)

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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