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…
When it comes to engagement rings, selecting the right diamond shape is a key decision. Among the most popular options are oval and round diamonds, both of which have their distinct charm and elegance. As we approach wedding season, many couples are weighing the pros and cons of these two classic shapes. If you’re in the market for a natural diamond, read on to learn how oval and round diamonds compare, so you can make the best choice for your engagement ring.
Oval diamonds are known for their graceful, elongated shape, offering a modern twist on the traditional round diamond. Their stretched silhouette not only creates the illusion of a larger stone but also has a flattering effect on the finger, making it appear slimmer. Oval diamonds are versatile and look stunning in various settings, from solitaires to halo rings.
Oval diamonds, with their softer edges, are less prone to chipping than square and rectangular shapes like princess or emerald cuts which are aligned with cleavage directions. Additionally, they often come with a lower price tag compared to round diamonds of the same carat weight, making them a more budget-friendly option for those seeking size and value. A reat way to meet the carat weight expectations of your intended’s family.
One thing to be mindful of when choosing an oval diamond is the potential “bow-tie effect,” a dark shadow that appears across the center of the diamond. A small bow tie that flashes quickly from dark to bright with a small movement adds brilliance and sparkle. A larger persistent bowtie detract from the diamond’s brilliance. The closer you view the diamond or the darker your hair and skin, the worse the bow tie will appear as the cause is the lighting that you are obscuring.
There is a lot of ill informed information about oval bow-ties both online and in jewelry stores. Our PriceScope in-house vendors and the assistance of our forum expert consumers are the best way to find a diamond that does not have an ugly bow tie. We recommend you examine an oval diamond in various lighting conditions before making your final decision.
Are you looking for loose oval cut diamonds with sparkle and brilliance? PriceScope's trusted vendors Whiteflash, Blue Nile, Adiamor, B2C Jewels, and James Allen stock high-quality loose oval cut diamonds for your jewelry needs.
Round brilliant diamonds are the top-selling shape for engagement rings—and for good reason. Their perfect symmetry and faceting pattern make them unrivaled in terms of sparkle, fire, and brilliance. A well-cut round diamond reflects more light than any other shape, making it the go-to option for those seeking maximum sparkle.
In terms of versatility, round diamonds work beautifully in any ring setting, whether it’s a timeless solitaire, a vintage-inspired design, or a contemporary halo. The round shape has stood the test of time and remains a classic, representing about 75% of all diamond sales worldwide.
While round diamonds tend to be more expensive due to the cutting process and their high demand, their light performance and iconic appeal make them worth the investment for many buyers.
Want the best round cut diamonds? Our elite list of vetted vendors like Whiteflash and James Allen are experts at listening and helping you determine which shape and combo of the 4Cs is perfect for you - and nicely in budget.
Now that we’ve covered the basics of each shape, let’s dive into how they compare in various key areas:
Both oval and round diamonds are brilliant cuts, meaning they’re excellent at masking inclusions. However, when it comes to color, round diamonds have the advantage. Due to their symmetrical faceting, round diamonds distribute light more evenly, making it harder to detect color variations. With oval diamonds, color can concentrate at the tips, meaning you may need to invest in a higher color grade to achieve a whiter appearance.
Image Source: Ritani
Oval diamonds often appear larger than round diamonds of the same carat weight due to their elongated shape. If you’re looking for a diamond that maximizes size for your budget, an oval cut is a fantastic option. However, keep in mind that while ovals may look bigger, round diamonds typically outshine ovals in terms of light performance.
Both shapes excel are better at concealing inclusions than step cut diamonds like emerald cuts. However, oval diamonds may require extra care in selecting a stone with minimal visible inclusions around the center of the stone through to the edges or girdle area. But inclusions near the tips or ends of an oval can be much harder to see. Round diamonds, especially when cut well, can hide imperfections more effectively.
Image Source: Whiteflash
When it comes to brilliance, round diamonds are the clear winner. The faceting of a round diamond is specifically designed to maximize light reflection because the opposing facets, when aligned with optical symmetry, result in more fire and scintillation. Oval diamonds, while still sparkly, can’t quite match the brilliance of a round cut. If sparkle is your top priority, round is the way to go. Ovals can compete a different way. Because they cost a little less and spread slightly larger, you can get a bigger diamond for the same budget.
Image Source: Whiteflash
Oval diamonds typically cost less than round diamonds of the same carat weight and quality. The cutting process for oval diamonds is less wasteful, which contributes to their lower price. For couples on a budget, an oval diamond can offer a larger look for a lower price, making it an attractive option.
Image Source: B2C Jewels
Both oval and round diamonds are incredibly versatile and work well in a variety of settings. However, round diamonds are slightly more adaptable as they can also be used as accent stones in other pieces of jewelry, thanks to their universally symmetrical shape. Oval diamonds are more limited in this regard, though they remain a beautiful choice for engagement rings.
Shopping for engagement ring settings? Browse PriceScope’s trusted vendor collection of designer engagement ring settings. These trusted vendors include industry leaders Whiteflash and Adiamor to name a few.
Choosing between an oval and a round diamond ultimately depends on your personal preferences and budget. If you’re after maximum sparkle and a timeless, classic look, a round diamond is the way to go. However, if you’re looking for something more unique with an elegant, elongated shape that offers great size for the price, an oval diamond might be your ideal match.
No matter which shape you choose, both oval and round diamonds make stunning choices for an engagement ring. As you prepare for the big day, explore natural diamonds from trusted vendors at PriceScope like Whiteflash, James Allen, Blue Nile, and Adiamor to find the perfect diamond for your ring.
Looking for expert advice before purchasing your round or oval cut diamond? Join the PriceScope community to connect with fellow enthusiasts and industry professionals.
Retail Diamond Prices Chart Updated Monthly.
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