June 08, 2021 1 min read

Most people want to maximize the utility of the money they spend, and don't want to spend too much money just for an engagement ring. Today I will show you how diamonds are priced in a few simple steps. This method can ensure that everyone pays the correct and reasonable price when buying diamonds.

 

Are you ready? Let us enter the world of diamonds together!

 

 

 

How to calculate the cost during the diamond buying and selling transaction?

Before delving into the diamond pricing mechanism and related variables, we need to understand a very important concept, that is, diamonds are priced based on "how much money per carat", the calculation formula is as follows:

 

Cost = carat weight * diamond price specifications per carat

 

For example, if the price of a diamond is US$4,200 per carat, the price of a 0.5-carat diamond is US$2,100 (0.50 x $4,200). If you assume that the price of a diamond is US$7,100 per carat, then the corresponding price of a 0.74 carat diamond is US$5,325 (0.74 x $7,100).

 


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