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0.7 Carat Oval Lab-grown Diamond Prices
The current price for a 0.7 carat oval lab-grown diamond in South Africa is R4,308.31, calculated from 1,584 diamonds that match this carat weight and shape in our database, and has decreased by 2.52% over the last 7 days.
When comparing to 0.7 carat lab-grown diamond prices, prices for these diamonds range from R2,433.75 to R78,931.25, depending on factors such as colour and clarity.
0.7 Carat Oval Lab-grown Diamond Price Trends
Overall, the trend for 0.7 carat oval lab-grown diamond prices over the past three weeks shows a consistent decrease.
The 7-day change is a moderate decrease of 2.52%, the 14-day change is a significant decrease of 7.21%, and the 21-day change is a sizable decrease of 4.72%.
These downward trends in diamond prices could suggest weakening demand or increased supply.
0.7 Carat Lab-grown Oval Diamond Prices by Color and Clarity
| Clarity \ Color | D | E | F | G | H | I | J |
|---|---|---|---|---|---|---|---|
| IF | R7,823 | R4,437 | R8,193 | N/A | N/A | N/A | N/A |
| VVS1 | R4,787 | R3,289 | R4,359 | R6,480 | N/A | N/A | N/A |
| VVS2 | R4,041 | R3,734 | R3,587 | R3,727 | R10,093 | R4,028 | R10,431 |
| VS1 | R3,736 | R3,503 | R4,028 | R3,795 | R12,241 | R10,515 | R9,321 |
| VS2 | R3,676 | R3,829 | R3,853 | R3,678 | R3,892 | R9,813 | R8,718 |
| SI1 | R3,678 | R3,367 | R10,800 | R4,126 | R6,169 | R3,600 | R7,852 |
| SI2 | R10,586 | R4,242 | R3,717 | R8,076 | R7,648 | R7,239 | R7,628 |
In South Africa, the highest quality 0.7 carat oval lab-grown diamonds with colour grade D and clarity IF are priced at R7,823.05.
The lowest quality lab-grown diamonds with colour grade J and clarity SI2 are priced at R7,628.44.
This is a difference of R194.61, which means that the highest quality lab-grown diamond is priced 2.55% higher than the lowest quality lab-grown diamonds at the same carat weight.
It should be noted that there may be some seeming anomalies in the table where lower quality diamonds are priced higher than better quality diamonds. This can happen as our database sources prices from a large number of suppliers and if there are relatively few of a particular combination of shape, colour, and clarity available, pricing discrepancies can occur.
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