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

As of October 2026, 5.00ct+ I VVS2 lab grown oval diamonds typically cost $1,819 NZD to $10,124 NZD, with a median price of $4,795 NZD. There are currently 14 diamonds matching this specification available across retailers.

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

About 51% of these diamonds are available at multiple retailers, with an average price spread of 124%. A comparison tool like Carat Hunter lets you see all the prices side by side.

5.00ct+ I VVS2 Lab Grown Oval

Quick answer

As of October 2026, there are 14 lab grown oval diamonds with I colour and VVS2 clarity in the 5.00ct+ range available across retailers worldwide. Prices typically run $1,819 NZD to $10,124 NZD, with a median of $4,795 NZD. At least 29 retailers stock this exact specification, and 51% of the stones appear at more than one of them, with an average price spread of 124%. Half of all listings fall between $444 NZD and $1,232 NZD per carat. The same specification in natural form lists at a median of about $39,488 NZD per carat. Over the last 30 days the median price moved -11.2% and the number of listings moved +18.7%.

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

$1,291 NZD

Highest Price

$37,301 NZD

Average Price

$5,877 NZD

Market Intelligence

Retailers Selling

Cross Retailer %

50.7%

Price Spread

123.6%

30-Day Price Trend

-11.2%

30-Day Supply Change

+18.7%

Volatility (30d)

0.05

Price Range

Price per carat distribution across retailers

$358/ct

10th Percentile

$176

Median

$358

90th Percentile

$1,113

Score Distribution

39 diamonds scored across 4 quality tiers

Excellent

13 (33.3%)

Very Good

5 (12.8%)

Good

9 (23.1%)

Average

12 (30.8%)

Find Your Diamond

Search 14 I VVS2 oval diamonds and compare prices.

Search Diamonds

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