Natural Diamond Prices – November 2024
At PriceScope, we remain committed to delivering timely and insightful updates on the diamond market’s latest trends. Our expert analysis focuses on the economic and social changes that shape consumer…
At PriceScope, we are dedicated to keeping you informed with timely updates on the diamond market. Our expert insights explore the economic and social factors influencing consumer behavior and the shifting pricing trends of natural diamonds.
As the natural diamond market continues to evolve, it’s crucial to stay informed about price changes to make educated purchasing decisions. By staying on top of the latest market trends and key influences, you can approach your natural diamond investment with confidence.
This month, we’ll take a closer look at how the economic and political events of August 2024 have influenced the Popular Diamond Shapes Chart and the natural diamond pricing trends in September.
Where to buy loose diamonds? Shop the highest quality diamonds at Whiteflash, James Allen, and Blue Nile they all have fantastic selections of loose diamonds.
Popular Diamond Shapes
In September 2024, round diamonds maintained their position as the most popular shape on the market, representing 76.87% of total popularity—although decreasing in popularity (%) by 10.67% from August 2024. The princess cut went from ranking fifth in August to second this September—increasing by 393%. The oval remains in third place— increasing by 18.28%. Cushion remains in fourth place—increasing by 13.99%. Emerald went from second place in August to fifth place in September—decreasing by 14.80%.
Round Diamond Price Chart
| Round Diamond Price Changes For The Last 3 months | |||
| Diamond Carat Sizes | 7/1/2024 | 8/1/2024 | 9/1/2024 |
| 0.0 – 0.5 | -2 % ↓ | -7 % ↓ | -5 % ↓ |
| 0.5 – 1.0 | -3 % ↓ | -9 % ↓ | -4 % ↓ |
| 1.0 – 2.0 | -4 % ↓ | -7 % ↓ | -4 % ↓ |
| 2.0 – 3.0 | -5 % ↓ | -9 % ↓ | -6 % ↓ |
| 3.0 – 4.0 | -2 % ↓ | -3 % ↓ | -5 % ↓ |
| 4.0 – 99 | 0 % | -6 % ↓ | -4 % ↓ |
This September the average price per carat for a round diamond of 1 – 1.19 carat G color VS1 clarity is $5,699 compared to August 2024 which was an average price of $5,999. The average price per carat for round diamonds has decreased by 5% since last month.
When shopping for loose diamonds, it’s important to consider that factors like cut quality and vendor services—such as upgrade options and return policies—can significantly influence the price. At PriceScope, we’ve been tracking retail diamond prices since 2007, with over 1,000,000 diamonds currently in our database. Our Diamond Price Chart page offers comprehensive price insights for both round and fancy-shaped diamonds, updated monthly. Be sure to check back for October’s diamond price updates.
Looking ahead, what are your thoughts on the natural diamond market for Q4 of 2024? Do you have any questions about diamond prices? Ask an expert by clicking the comments button below.
Whether you’re in the market for natural diamonds or just exploring your options, be sure to visit the PriceScope Diamond Search.
