Average Diamond Ring Price

If you re deciding how much to spend on an engagement ring there are several factors to consider.

Average diamond ring price.

The second section of this article will explain how diamond prices are determined and calculated. Below we ve listed the average price ranges for 1 carat diamonds in all 10 of the most common shapes. 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. 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.

Don t be pressured into a ring you can t afford. 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. This cut quality can lead to variations in price of around 5 to 15. A good value good quality 1 carat diamond should cost you around 4 500 6 000.

The wholesale and retail prices chart below is petra gems best average estimates based on data of leading diamond suppliers and. Average engagement ring cost if anything is certain it s that diamonds remain a serious investment. At stonealgo we ve seen people spend anything from a few hundred dollars to hundreds of thousands of dollars on diamond engagement rings. For a 2 carat diamond round vvs1 d color the total diamond price would be 2 x 39 050 78 100.

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. A 1 carat diamond can cost as low as 2 000 and as high as 25 000. Note the price dip late 2008 the economic crisis and recent stabilization or even rises. Diamonds under 4ct never rose as much nor fell as far.

Prices update monthly this round diamond price chart shows changes in diamond prices over the past few years for different sizes. 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. According to the knot 2019 jewelry and engagement study the average cost of an engagement ring is currently 5 900. Ignore the two months salary rule and set a budget for a ring that she ll love.

Sounds simple but that is overpaying. Since then the diamond. 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.

Average engagement ring cost.