Diamonds have been in demand for a long time, and people have always been happy to pay a large amount of money for the luxury of owning these shiny rocks. Diamonds can be expensive or cheap, depending on a number of factors.
If you want to purchase diamonds, there are many factors you should consider before you settle on an acceptable price.
Diamond price is mainly determined by the grade of the gem. The grade of the gem is influenced by various factors that are important in reducing or enhancing the quality of the diamond. These factors are often referred to as the four Cs of diamond grading, namely, clarity, colour, cut and carat.
Clarity refers to the lack of blemishes and surface defects. The grade is higher when the defects are fewer. This affects the price as well, with the higher clarity diamonds being more expensive. A perfectly transparent diamond with no colour or hue is classified the highest. However, the commonly found yellowish diamonds are graded down while pink or blue diamonds can come quite expensive because of their rarity. The cut of the diamond is the term that covers the symmetry and proportioning of the diamond. Though the cut is a human-given characteristic, it still makes a good deal of difference on the quality and price of the jewel. A well-cut diamond would be more luminous and looks better, and thus, is more expensive. Carat is the measurement of mass and is used to measure different gemstones, gold, pearls, etc. Of course, a higher carat diamond would cost more and vice versa.
When the diamond price is set, all the above factors have to be considered. An excellently cut diamond cannot be priced too high if it has a low carat, and so on. The combination of the four Cs determines the actual price of the diamond.
Another facet to diamond price is the market demand and supply. A simple mechanism of economics, the demand and supply works with diamonds as well. Higher demand and lower supply means high prices while the lower demand and high supply means lower prices. So people’s spending capacities, the condition of the economy and other similar factors are considered when setting the price.
Our pricing system ensures that we are able to provide the best diamonds at the lowest possible prices, taking into consideration all the above factors. We source our diamonds from sources and have the best gem cutters in the World working on them to bring to you a wide array of diamonds to fit every budget. If you can provide us with a budget, we can respond with the largest diamond that is eye clean and almost colourless, according to your requirements.
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