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The value of a diamond gemstone depends upon colour and quality, as well as weight. As of April 2024 the average price per carat of diamonds of between 1.00 and 1.49 carats was US$4,448. [48] The price of diamonds dropped significantly from a peak in 2022; prices of natural gems in shops dropped by 26% by the beginning of 2025.
Stones near the top of a size band (or rarer fancy coloured varieties) tend to be uprated slightly. Some of the price jumps are related to marketing and consumer expectations. For example, a buyer expecting a 1 carat (200 mg) diamond solitaire engagement ring may be unwilling to accept a 0.99 carats (198 mg) diamond. [citation needed]
Fancy-colored diamonds such as the deep-blue Hope Diamond are among the most valuable and sought-after diamonds in the world. In 2009, a 7-carat (1.4 g) blue diamond fetched the then highest price per carat ever paid for a diamond when it was sold at auction for 10.5 million Swiss francs (US$9.5 million at the time) which is in excess of US$1.3 ...
In 2015, the auction house Bonhams sold the 50.13-carat Hope Spinel for a world-record £962,500 ($1.22m) — over six times its estimate — helping to catapult the stone into public consciousness.
The chef's 24-year-old daughter announced her engagement to the Olympic swimmer on Thursday, Sept. 12 Gordon Ramsay's Daughter Holly's 'Perfect' Yellow Diamond Engagement Ring from Adam Peaty Took ...
Ultimately, the De Beers campaign sought to persuade the consumer that an engagement ring is indispensable, and that a diamond is the only acceptable stone for an engagement ring. [33] The sales of diamonds in the United States rose from $23 million to $2.1 billion between 1939 and 1979.