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How much is diamond in South Africa?

How much is diamond in South Africa?

South Africa Diamond Price Today

Weight Diamond Price Date
1 Carat ZAR 13,617.29 08-12-2021
0.5 Carat ZAR 6,808.64 08-12-2021
0.75 Carat ZAR 10,212.96 08-12-2021
0.25 Carat ZAR 3,404.32 08-12-2021

What is the current diamond price per carat?

Actual Diamond Prices

Diamond Carat Weight Price Per Carat * Recommended Diamond
1.00 Carat $1,910 – $15,650 $4,280
1.50 Carat $2,985 – $22,330 $9,360
2.00 Carat $4,025 – $42,180 $15,280
3.00 Carat $6,190 – $50,070 $40,830

Why are round diamonds the most expensive?

Round Diamonds Lose The Most Rough In order to achieve the fire and briiliance of the round shape a large amount of the rough stone must be cut away. In short, that is the main reason round diamond are more expensive than other fancy shape diamonds.

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How much is a 10 carat diamond ring worth?

The price of a 10 carat diamond ring will vary dramatically based on its grades. A diamond with low grades in color and clarity can cost between $15,000 and $20,000 per carat. For a higher quality diamond, with the minimum grades we are looking for, you can expect the price to be around $25,000 to $45,000 per carat.

Does South Africa have a lot of diamonds?

Diamonds. Ever since the Kimberley diamond strike of 1868, South Africa has been a world leader in diamond production. The primary South African sources of diamonds, including seven large diamond mines around the country, are controlled by the De Beers Consolidated Mines Company.

What are diamonds worth 2021?

In the wholesale market, diamonds are priced per unit of weight, referred to as “per carat.” Updated Monday, November 1, 2021, diamond prices moved LOWER by an average of 0.6\% in October 2021. The average price per carat of all diamonds in our database was $10,957.07, down from $11,019.60 a month ago.

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How much is a 1 carat round diamond?

In general, a 1 carat diamond costs between $1,800 and $12,000. The price depends on factors such as the Cut quality, Clarity, Color and Shape of the diamond. Cut quality is the aspect that most greatly impacts a 1 carat diamond’s price and its beauty.

How much is a 1.10 carat diamond worth?

How do you calculate the price per carat of a diamond?

How to Calculate Price Per Carat: For instance, if one carat costs $2500, a 0.5-carat diamond would cost $1250. We would calculate the price of that carat by multiplying 2500 X 0.5. The per-carat price increases as the weight and the quality increases.

How much does a 1 carat cushion cut diamond cost?

A round brilliant cut, 1.01ct E colour, VS1 clarity, excellent cut GIA-certified diamond will cost approximately $9030 including VAT (~ R139,976). A 1 carat cushion cut diamond (pictured) will be cheaper than a 1 carat round diamond of the same colour and clarity.

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How much does a brilliant diamond cost in South Africa?

Savings hint:A 0.90ct G SI1 round brilliant diamond will cost approximately $5237 (~ R81,175). That’s nearly a R25,000 saving for a 0.3mm diameter size difference across the top of the diamond! How much is a 0.75ct (three quarter) diamond?

When will the latest price estimates for diamonds be available?

The latest price estimates are from July 2021. The list will be updated within 4-5 months if we notice any significant price changes in the diamond industry. Compare these prices with site 1 and site 2 because they have the best diamond prices online.