Diamond Rings Price in India: What Determines How Much You Pay?
So many factors affect the diamond rings price in India. The rarer a diamond is, the more expensive it is. Scroll down to know the reasons that contribute to emptying your pockets!
Image Courtesy: Mehar Photography
Diamonds are a girl’s best friend. Give her a diamond and she will forgive you for everything. That is why men buy them a ring of their dreams for all the future mistakes they are going to make. Just kidding!
It is no doubt that a woman loves diamond jewellery, especially a ring. Most of them prefer their engagement rings to have a diamond in them. And why not? They are beautiful and look graceful on a woman’s hand!
But as we know, they are very expensive and a big investment to make (with an ROI that only increases about 2.5% every year, it is not as profitable as a gold ring). So, before committing to a ring and shelling out your hard-earned money, know about the reasons behind diamond rings price in India. This will tell you whether you are paying the right amount for it or not!
1. Cut, size and shape of a diamond
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The first few factors we are going to talk about are the cuts, shapes and sizes of your ring. They are the biggest factors that determine the diamond rings price in India.
Experts use a proper grading system tells you about the cut of a diamond. However, in a layman’s language, the more light a diamond reflects, the higher the cut is, which in turn makes it more expensive.
You can choose a diamond ring in many shapes from round, oval, princess, radiant, cushion, pear and many more. Contrary to popular belief, cuts like princess and radiant are less expensive than round shaped diamonds.
When it comes to size, it is fairly simple - the bigger the stone, the more you pay for it. Big stones are hard to find and that is why this increases the diamond rings price in India.
2. Carat
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The next factor affecting diamond rings price in India is the carat of a diamond. A carat is a weighing scale, which is used to measure the weight of a diamond. The heavier a diamond is, the more you have to pay for it. Diamonds weighing below a full carat are less expensive than diamonds coming above a full carat.
For example - a .85ct diamond rind will be cheaper than a 1ct ring.
Keep in mind that a carat does not alter the physical appearance of a diamond ring. It can be expensive because of some other reasons as well.
3. Clarity
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Every diamond has its own inclusions and impurities that are trapped in them during their formation. The tiny specs you see in a diamond are those natural birthmarks. They contribute a lot to the diamond rings price in India and all over the world. Some benchmarks are set for a customer to know about the clarity of a diamond.
The first is flawless where you cannot see anything in the diamond; they are crystal clear with no impurities. The second is ‘eye clean’, which means that you cannot see the imperfections with the naked eye. The worst and cheapest kinds of diamonds are the ones in which you can see the inclusions without any tool with your eyes.
It is quite clear that a diamond with flawless clarity is the most expensive. However, if you are on a budget you should definitely go for an eye-clean diamond because you cannot really see any impurities.
4. Colour
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When diamond experts talk about the colour of a diamond, they are talking about the lack of colour or whiteness in a diamond. Even the slightest change in shade can lower the value of a diamond by a lot. It is a big contributor defining the diamond rings price in India.
If your diamond has a grade D in colour, it means that it is the most expensive of them all while Z means it is the cheapest, where you can easily see the whitened portions in the diamond. A different grading system is used to determine the quality of colourful diamonds like pink, blues and many more.
5. Certification
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It is a no brainer that a diamond with a certificate regarding its authenticity is more expensive than a ring with no proof of its purity. Thus, certification is a big determinant of diamond rings price in India.
A certificate is a proof that your diamond ring has gone through all the tests and you know the exact results in terms of its rarity, shape, size, colour and carat. As it is expensive to get a ring certified, the price is added to the customer’s bill.
With so many factors behind the diamond rings price in India, it can get a little confusing to ascertain whether you’re paying the right price. That is why it is important to know all about the grading criteria. It is, after all, you who is paying for the diamond ring and it is always good to know that you are getting exactly what you paid for! Make sure you are as diligent as possible while getting a diamond ring fit for your future bride!
To find the perfect ring, check out these jewellers near you!
