Natural Diamond Prices – June 2024

LAST UPDATE ON: June 30th, 2024

PriceScope is your trusted resource for up-to-date insights on the diamond market. Our discussions explore the socio-economic factors that influence consumer buying behavior and the pricing of natural diamonds.

In today’s highly competitive natural diamond market, staying informed about potential price fluctuations is crucial for consumers. Researching and keeping up to date with market trends can help shoppers make well-informed decisions when investing in natural diamonds.

Let’s take a closer look at how economic and political activity throughout May 2024 had an effect on the Popular Diamond Shapes Chart and the state of Natural Diamond Prices in June 2024:

Where to buy loose diamonds: For the highest quality diamonds, try Whiteflash, James Allen, and Blue Nile they all have fantastic selections of loose diamonds.

Popular Diamond Shapes

In June 2024, round diamonds continued to be the most popular shape of diamond on the market, making up 85.49% of popularity and increasing by 3.04% in popularity since May 2024. Oval remains in second place although decreasing in popularity by 23.86% since May 2024. Emerald remains in third place although decreasing in popularity by 13.33% since May 2024. Cushion remains in fourth although decreasing by 14.18% since May 2024. We welcome Princess back to the Top 5 Popular Diamond Shape Chart moving Pear into sixth place since May 2024.

Round Diamond Price Chart

Round Diamond Price Changes For The Last 3 months
Diamond Carat Sizes	4/1/2024	5/1/2024	6/1/2024
0.0 – 0.5	-1 % ↓	-1 % ↓	-1 % ↓
0.5 – 1.0	1 % ↑	0 %	-3 % ↓
1.0 – 2.0	0 %	1 % ↑	-3 % ↓
2.0 – 3.0	-1 % ↓	4 % ↑	-2 % ↓
3.0 – 4.0	-2 % ↓	3 % ↑	-4 % ↓
4.0 – 99	-3 % ↓	4 % ↑	-2 % ↓

This June the average price per carat for a round diamond of 1 – 1.19 carat G color VS1 clarity is $6,147 compared to May 2024 which was an average price of $6,554. The average price per carat for round diamonds has decreased by 6.21% since last month.

The current average and lowest prices per carat are shown in PriceScope’s diamond price charts by carat and their corresponding color and clarity.

We advise consumers to keep in mind that cut quality and vendor services such as upgrades and returns can make a significant difference in the price point when shopping for loose diamonds. PriceScope has been collecting retail diamond prices since 2007 of over 1,000,000 diamonds currently in the database. PriceScope diamond price chart page shows the full diamond price charts for rounds and other fancy shapes. We update the diamond prices on a monthly basis. Keep an eye out for June’s diamond prices.

Based on your knowledge of the natural diamond market. What are your predictions for the natural diamond market in Q3 of 2024? Do you have any questions regarding diamond prices? Ask an expert! Simply click the comments button below.

Whether you’re actively shopping for natural diamonds or just browsing – Check out the PriceScope Diamond Search.