![]() For instance, the average cost of a 3.50 carat diamond is between $24,000-$160,000, with some priced as high as $190,000. Diamonds with a higher carat weight are more rare, especially in a high-quality cut. Color and clarity also impact the price of a 3 carat diamond, but not as much as cut.Īs carat weight increases, so does the cost per carat. So paying more for cut quality is certainly worth it. A lower cut grade results in a diamond without brilliance-making such a large purchase worthless. ![]() That’s why we recommend only considering excellent and Ideal cut 3 carat diamonds. To better understand the topic, check out our article on diamonds prices.Ĭut quality is the factor that most greatly impacts the price-and beauty-of a 3 carat diamond ring. Analysts at Citi and Bain stated that luxury sales grew by a whopping 15% in 2022 alone. That makes sense given the surge of 2021-2022 for luxury goods. At the beginning of 2023, we are seeing a dip in prices and demand. 3 Carat Diamond Price Chart – Updated May 2023 Shapeĭiamond prices historically rise at a slow and steady pace, with occasional surges and dips. We will go over how to find the sweet spot when balancing size and quality. You can check out the price differences across different carat weights using our diamond value calculator. The cost of a 3 carat diamond engagement ring depends on a number of factors including cut quality, clarity, color, and shape. 3 ct diamond prices on the high or low end of the quality spectrum can vary from $20,000 to $125,000. Please enter your email address to receive your personal one-time use unique coupon code for 25% off engagement rings: How Much Does a 3 Carat Diamond Ring Cost?Ī good quality 3 carat diamond will cost you between $33,500 and $44,000 depending on the shape. What style 3 carat engagement ring should I get? Where should I buy a 3 carat diamond ring from? What is the size of each 3 carat diamond shape? To read more about our process for secret shopping and reviewing companies and additional details about how we operate, check out this article. ![]() Mike is recognized as an industry expert and has been quoted in publications such as Us, People, Page Six, The Next Web and more. This has given him a unique perspective on what information truly helps our readers in their quest for finding the perfect diamond engagement ring or piece of jewelry. Mike Fried has written hundreds of articles and helped answer more than 30,000 emails from our readers. Mike followed that up by spending years buying and selling diamonds on the wholesale market as well as selling tens of millions of dollars worth of diamonds to diamond retailers. Mike started from the bottom, sorting and evaluating hundreds of thousands of diamonds to learn every facet (pun intended) of diamond quality and value. The author of this article, our CEO, Mike Fried has over 20 years of experience in the diamond industry. To help you with the diamond buying process we lean on our expertise and experience.
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