Diamond Prices Guide: get and Compare Prices

Supply can be intentionally restricted by miners who shut down mines when prices are low, thereby saving costs and not selling their product at abnormally low prices. The health of the global economy is a significant factor in the demand for diamonds. We have seen a striking example of that in the COVID pandemic which has disrupted everything from mining to cutting factories, and retail jewelry stores. But mines also have fixed costs and can only afford to hold back production for a limited time. Supply is also affected by global events.

That is, to the casual observer they look very much like colorless diamonds. What you need to know: Colorless diamonds (D-F) are rarer, thus command higher prices. Ultimately, color comes down to what you find desirable and what works for your budget. The difference in diamond price between color grades can be vast, with little optical benefits; it is important to observe color on a stone to a stone basis.

In most cases, actual trading prices will be lower (discounted from the list), but in some cases, there might be a premium added to the list price. Cut quality and grading lab are both major factors in determining the actual trading price. Use your filter tools to select the same cut, color, and clarity for the most accurate diamond comparison. Comparing diamond prices per carat is much easier when the diamonds are the same shape. Price per carat varies depending on shape.

However, some cutters are approaching the craft differently and are willing to sacrifice some weight to make the best possible diamond. What you need to know: While other quality factors offer flexibility for your budget, cut should not be compromised. Diamond enthusiasts in the PriceScope community favor modern cut quality analysis with a heavy emphasis on advanced imaging to be able to detect any issues with light performance. Diamonds that have been through the AGSL ray tracing regimen and have achieved a grade of Ideal are highly regarded, as are GIA Triple Ex presented with ASET and Ideal Scope images to verify actual light performance and facet precision. Naturally, these diamonds command a higher price.