The Jeweller South Africa is part of Loupe Media Network
South Africa 0.7 Carat Oval Natural Diamond Prices
The current price for a 0.7 carat oval natural diamond in South Africa is R35,051.68, calculated from 3,168 diamonds that match this carat weight and shape in our database, and has decreased by 0.38% over the last 7 days.
When comparing to 0.7 carat natural diamond prices, prices for these diamonds range from R8,686.16 to R105,311.12, depending on factors such as colour and clarity.
0.7 Carat Oval Natural Diamond Price Trends
Overall, the trend for 0.7 carat oval natural diamond prices over the past three weeks shows a consistent decrease.
The 7-day change is a slight decrease of 0.38%, the 14-day change is a sizable decrease of 0.81%, and the 21-day change is a considerable decrease of 0.30%.
These downward trends in diamond prices could suggest weakening demand or increased supply.
0.7 Carat Natural Oval Diamond Prices by Color and Clarity
| Clarity \ Color | D | E | F | G | H | I | J |
|---|---|---|---|---|---|---|---|
| IF | R80,912 | R52,408 | R50,359 | R51,854 | R36,382 | R30,621 | R33,337 |
| FL | R72,180 | N/A | N/A | N/A | N/A | N/A | N/A |
| VVS1 | R57,896 | R51,769 | R50,787 | R47,073 | R41,126 | R33,494 | R28,403 |
| VVS2 | R47,734 | R46,831 | R53,073 | R42,603 | R43,099 | R37,475 | R24,405 |
| VS1 | R47,882 | R47,101 | R45,729 | R42,833 | R40,234 | R31,125 | R21,075 |
| VS2 | R45,981 | R47,231 | R41,704 | R43,842 | R35,095 | R27,200 | R23,496 |
| SI1 | R34,093 | R33,279 | R32,607 | R33,539 | R29,421 | R29,123 | R22,674 |
| SI2 | R29,070 | R28,073 | R32,362 | R25,140 | R25,834 | R21,914 | R21,461 |
| I1 | R22,454 | R29,124 | R27,090 | R21,413 | R20,953 | R16,993 | R21,939 |
| I2 | R29,262 | R12,417 | R24,186 | R19,326 | R19,371 | R22,197 | R21,681 |
In South Africa, the highest quality 0.7 carat oval natural diamonds with colour grade D and clarity FL are priced at R72,180.43.
The lowest quality natural diamonds with colour grade I and clarity I3 are priced at R9,895.30.
This is a difference of R62,285.13, which means that the highest quality natural diamond is priced 629.44% higher than the lowest quality natural 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.
Jewellery industry news & insights delivered straight to your inbox
Get the free 5-minute newsletter read by Jewellery Industry professionals who want to get ahead
