Understanding what factors influence diamond price is so important to know before you make an investment or purchase. We know it’s not an easy decision, and so we’ve created this guide to help you understand the key elements of buying diamonds along with helpful tips to make your journey as simple as possible.

Factors Influencing Diamond Price

Not all diamonds are created equal. There are ideal features you should know to look out for and certain characteristics you want to avoid. Get your notepad ready and let’s start getting into buying diamonds 101. 

Carat Weight and Diamond Cost

Naturally, the bigger the carat the higher the cost. But it’s important to remember the following things when trying to save money on a larger diamond: 

Not all diamond shapes with the same carat weight look equal in size. E.g. A one carat oval cut diamond will look larger than a one carat round cut diamond.

Lab grown diamonds are three times less expensive than natural diamonds so you can afford to go bigger with a lab diamond and remain within your budget.

Diamond Cuts Impact on Price

Diamond cut is graded from poor to excellent- most folks will aim for a “very good” cut grade. The cut of the diamond impacts the price because the cut essentially influences every other aspect (the 4Cs) of a diamond’s overall grading. 

The better the cut grade the higher the price. Our experts suggest that you never compromise on cut. Even a lower color, carat, and clarity grade diamond will still sparkle with brilliance and luster if the cut grade is high.