Diamond Price Index 2020

How low can diamond prices go.
Diamond price index 2020. 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. A perfectly cut diamond will obviously have a higher value than a poorly cut diamond. 2020 02 58am edt. Note the price dip late 2008 the economic crisis and recent stabilization or even rises.
The wholesale and retail prices chart below is petra gems best average estimates based on data of leading diamond suppliers and. But since the reality is that 1 carat diamond prices range from 1 900 to 16 000 and 2 carat diamond prices range from 8 000 to 84 000 which is a huge difference so as a general rule of thumb in today s market my recommendation for best value for money diamond would be g color si1 clarity no fluorescence and at least very good cut and. The rapnet diamond index rapi for 1 carat diamonds rose 1 9 during the month driven by investment. Diamond prices can vary hugely depending on a diamond s shape cut quality clarity and color.
The price of that diamond would be 1 250 2 500 0 5. Color clarity cut and carat weight. How to calculate diamond prices. These include the 4 cs carat weight cut color and clarity and other factors are also taken into account such as polish symmetry fluorescence and shape.
Avi wohl senior lecturer of finance at the faculty of management tel. Press release july 7 2020 las vegas the global diamond market was uncertain in june due to the resurgence of covid 19 and geopolitical tensions. A 0 5 carat diamond may cost 2 500 per carat. The second section of this article will explain how diamond prices are determined and calculated.
Research and development were conducted in cooperation with dr. Diamonds under 4ct never rose as much nor fell as far. The per carat cost increases as the weight and quality increases. To determine the price of a diamond you need to look at the 4cs.
Diamonds are priced per carat. 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. Both for its news items and a widely used price list has been the target of diamond trader anger after it cut published. 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.
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 cut quality can lead to variations in price of around 5 to 15. Prices update monthly this round diamond price chart shows changes in diamond prices over the past few years for different sizes.