The second section of this article will explain how diamond prices are determined and calculated.
The value of diamonds over time.
Bureau of labor statistics prices for jewelry were 67 31 higher in 2020 versus 1986 a 67 31 difference in value.
While the overall health of the economy influences the prices of diamonds in general this gemstone has gained value over the years.
Different shapes also are priced differently.
Preserving and protecting a diamond ensures it retains and gains value.
Price of 2 carat diamonds.
Note the price dip late 2008 the economic crisis and recent stabilization or even rises.
Data shows the prices of diamonds over the past ten years have increased by approximately 32 33 giving it an average of 4 every year.
Jewelry experienced an average inflation rate of 1 53 per year in other words jewelry costing 100 in the year 1986 would cost 167 31 in 2020 for an equivalent purchase.
Between 1986 and 2020.
The end of the de beers monopoly and new diamond.
Prices for jewelry 1986 2020 100 according to the u s.
Diamonds under 4ct never rose as much nor fell as far.
The value of diamonds as an investment is of significant interest to the general public because they are expensive gemstones often purchased in engagement rings due in part to a successful 20th century marketing campaign by de beers.
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 0 5 carat diamond may cost 2 500 per carat.
The price of a 2 carat diamond ranges from 6 500 to 55 000 depending on the diamond s cut quality clarity color and shape.
Data shows the prices of diamonds over the past ten years have increased by approximately 32 33 giving it an average of 4 every year.
While the overall health of the economy influences the prices of diamonds in general this gemstone has gained value over the years.
Buying an investment diamond is indeed a stroke of brilliance.
The long and short of investment diamonds is that diamonds are subject to the fluctuations of supply and demand so the more rare a diamond is the more likely it will appreciate in value over time.
The wholesale and retail prices chart below is petra gems best average estimates based on data of leading diamond suppliers and.
The per carat cost increases as the weight and quality increases.
Color clarity cut and carat weight.
A 0 25 carat quarter of a carat diamond with the same color and clarity grades as above costs around 1 600 per carat making the price of the diamond approximately 425.
This statistic depicts the diamond prices over time from 1960 to 2016.
The price of that diamond would be 1 250 2 500 0 5.
Diamond price chart for round diamonds.
To determine the price of a diamond you need to look at the 4cs.
Prices update monthly this round diamond price chart shows changes in diamond prices over the past few years for different sizes.
