December 2nd 2022
How Much Are Diamonds Worth? [2023]
By Devin Jones
Asking how much diamonds are worth is like asking how much houses are worth. The house could be a tiny shack in a bad part of town or a mansion with a tennis court, swimming pool, and helicopter pad like this one.
There simply isn't a straight answer without more context.
Luckily, StoneAlgo tracks daily diamond prices across over 2 million diamonds delivered to us daily by the world's top online jewelers. Based on our aggregated inventory from top-rated online jewelers, natural diamonds can cost anywhere from $203 to $10,000,000+. Lab grown diamonds tend to cost far less, typically 90% less than natural diamonds or more.
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The most expensive diamond ever sold at auction was The Pink Star, a 59.6 carat fancy pink diamond that sold for $71 million (£57m) at Sotheby's Auction.
Image source: Cosmopolitan.com
Today's Diamond Prices
The below chart from StoneAlgo's diamond price indexes shows today's average price for 1 carat diamonds. As you can see, diamond prices change daily just like the prices of stocks, bonds, crypto, or gold do.
Since round cut diamonds are by far the most popular diamond shape (accounting for 55% of all diamond searches on StoneAlgo) let's use round cut diamonds to explore how much diamonds are worth across various sizes. Below is a table showing the live price for 0.5 carat, 1 carat, 2 carat, and 3 carat diamonds.
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Round Cut Diamond Prices
Below are prices for Round Cut diamonds as of April 14, 2024. Prices are based on StoneAlgo's proprietary diamond price index calculation.
| Carat Weight | Price | Price Per Carat |
|---|---|---|
| 0.5 | $1,236 | $2,472 |
| 1 | $4,809 | $4,809 |
| 2 | $18,816 | $9,408 |
| 3 | $45,821 | $15,274 |
Haven't seen exactly what you're looking for here? Check our our diamond price calculator on StoneAlgo.com to price any diamond by your exact specifications.
