Diamond Prices Diamonds Need To Rebrand As Coronavirus Shrinks Demand Bloomberg

Analysis and performance development of diamonds over the last 55 years.

Infinity diamond ring. But since the reality is that 1 carat diamond prices range from 1900 to 16000 and 2 carat diamond prices range from 8000 to 84000 which is a huge difference so as a general rule of thumb in todays market my recommendation for best value for money diamond would be g color si1 clarity no fluorescence and at least very good cut and very good polish symmetry. In our opinion a small number of diamond dealers have slightly lowered their prices 3 5 price decline. Diamond cost carat weight price per carat.

Many buyers are inquiring if the coronavirus pandemic is bringing down diamond prices drastically. Price for 032 carat is 850 per carat 127 carat is 1800 per carat price for 304 carat is 4100 per carat which means. Or lets say that a 1 carat diamond has a price of 4100 per carat.

Average price per carat broken down by carat weight ranges. Diamond prices increases about 14 each year since 1960. Diamonds price is always calculated on per carat basis whether you buy 032 carat 127 ct or 304 carat diamond.

Let do some math to make it easy. Yearly increase of diamond prices and value 1447 from 1960 to 2016 or equal to yearly compound interest of 43. Diamond merchants use the rapaport price list to calculate the price of diamonds.

The average price per carat of all diamonds in our database was 1036630 up from 1022895 a month ago. Diamonds are all priced per carat. Total cost of a diamond carat weight x price per carat lets say you have chosen a diamond in a category estimated 2000 per carat.

This list is divided into different price grids according to the carat of the diamond for example there is a price list for 040 to 049 carat and another one for 050 to 059 carat. Annually diamond prices fluctuate on a moderate scale from high to low by a percentage of 5 7. The same principle applies to the diamond with certain stable parameters.

Important note in light of covid 19. 1960 to 2016 index data tracking the historical diamond prices changes up to actual prices. The idex polished diamond price index rose gradually through september closing the month up 08 per cent.

Thats an encouraging sign especially after the 06 per cent rise in august suggesting more. That diamonds price for the stone would be 1400 050 or 700. Lets say a 050 carat diamond has a price of 1400 per carat.