What Are Diamonds Worth Right Now

Synthetic diamonds also cost between 15 and 30 percent less than real ones.

What are diamonds worth right now. According to business insider lab grown diamonds or synthetic diamonds are increasingly popular even though they ve been around since as early as the 1950s. Determining how much a diamonds worth can feel daunting because of all of the conflicting information online and misleading diamond calculators. For example princess shaped diamonds were very popular in the 1980 s but are not very popular now so their relative value has decreased within the market. The surface area is 6 23x6 2mm.

Diamond prices can vary hugely depending on a diamond s shape cut quality clarity and color. In 1960 the average price for such a diamond stood at some 2 700 u s. On the other hand a diamond of the exact same size that has significant inclusions has a good cut and a j color could be worth under 3 000. Just like all things in fashion a specific diamond shape s popularity can wax and wane.

This statistic depicts the diamond prices over time from 1960 to 2016. Diamonds under 4ct never rose as much nor fell as far. Though knowing how much natural diamond prices are inflated 15 percent off doesn t sound like much. According to forbes unlike gold which has a quantifiable melt value resale prices for diamonds have no one objective measure making it easy for inexperienced sellers to become confused and.

Diamond prices index 206 3 1 3 updated september 1 2020 next update october 1 2020 determining the price of a diamond or its value involves many of the factors we discuss on our diamond grading page. The diamond on the right weighs in at 0 92 carats and has an excellent cut. The two diamonds have the same surface area so face up they are both the exact same size. But because of the poorer cut of the first one about 10 of the carat weight is wasted on the deep cut just to hit the 1.

For example the cost of a one carat diamond can range from just 1 500 to more than 16 000 for an extremely well cut high quality diamond while a two carat diamond could cost as little as 6 000 or as much as 80 000 based on its shape cut clarity and color grades. This round diamond price chart shows changes in diamond prices over the past few years for different sizes. A 1 carat diamond that is internally flawless perfectly cut and d color could be worth over 20 000. A diamond s shape can be a huge factor for determining it s value.

Each of the 4 c s is extremely important.