Carat is a term with which most
people are familiar, but do you know why you pay more for a higher carat
diamond? It’s because carat is a measure of weight. One carat is equal to 200
milligrams, and the larger the diamond, the greater the value.
As with the other three Cs, however,
carat alone does not determine a diamond’s worth. Two diamonds of equal weight
may be vastly different in price due to their cut, color, and clarity
Standards exist for determining
current value of a diamond based on the four Cs:
This weekly report is given to
diamond merchants and jewelers to set prices for consumers. It is used in the
US and abroad but is not always accurate.
The International Diamond Exchange
came out with their own pricing list in the 2000s. It is also published weekly
and is based on price changes reflected by global trade on IDEX’s trading
platform.
Interested in learning more about diamonds
and other jewelry-related topics?
Follow our blog, or pop in the store at 4914 N. Broadway, Suite B, Knoxville,
TN
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