Average Diamond Ring Price

Note the price dip late 2008 the economic crisis and recent stabilization or even rises.

Average diamond ring price.

Diamond price chart for round diamonds. This cut quality can lead to variations in price of around 5 to 15. Average engagement ring cost. Ignore the two months salary rule and set a budget for a ring that she ll love.

A 1 carat diamond can cost as low as 2 000 and as high as 25 000. For a 2 carat diamond round vvs1 d color the total diamond price would be 2 x 39 050 78 100. This price index for 1 carat 1 5 carat 2 carat and 3 carat diamonds will be updated periodically to reflect changing retail and wholesale diamond prices. There is no right answer to how much you should spend on an engagement ring but the average engagement ring costs approximately 5 900 according to a 2019 study conducted by the knot.

The wholesale and retail prices chart below is petra gems best average estimates based on data of leading diamond suppliers and. For a 2 5 carat diamond ring project you could for example select a 2 5 carat diamond round vvs1 f color the total diamond price would be 2 5 x 28 600 71 500 ring s cost. Sounds simple but that is overpaying. A 1 carat engagement ring costs an average of 5 500 and that s before you spend more than 1 000 on average for her wedding band.

Average engagement ring cost if anything is certain it s that diamonds remain a serious investment. If the diamond is very poorly cut it would need to be recut to make it easier to sell and that will inevitably be accompanied by a reduction in weight. Diamonds under 4ct never rose as much nor fell as far. Below we ve listed the average price ranges for 1 carat diamonds in all 10 of the most common shapes.

That means a middle of the range diamond should be 11 000 12 000. If you re deciding how much to spend on an engagement ring there are several factors to consider. Prices update monthly this round diamond price chart shows changes in diamond prices over the past few years for different sizes. The second section of this article will explain how diamond prices are determined and calculated.

Per carat diamond price 1960 2016 published by statista research department nov 2 2016 in 1960 the average price for such a diamond stood at some 2 700 u s. A perfectly cut diamond will obviously have a higher value than a poorly cut diamond. The price of a 1 carat diamond is between 1 300 and 16 500 depending on factors such as the diamond s cut quality clarity color and shape. Don t be pressured into a ring you can t afford.

At stonealgo we ve seen people spend anything from a few hundred dollars to hundreds of thousands of dollars on diamond engagement rings.