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7 Carat Radiant Natural Diamond Prices
The current price for a 7 carat radiant natural diamond in South Africa is R3,189,975.90, calculated from 22 diamonds that match this carat weight and shape in our database, and has increased by 9.09% over the last 7 days.
When comparing to 7 carat natural diamond prices, prices for these diamonds range from R1,657,664.94 to R5,983,538.40, depending on factors such as colour and clarity.
7 Carat Radiant Natural Diamond Price Trends
Overall, the trend for 7 carat radiant natural diamond prices over the past three weeks shows a consistent increase.
The 7-day change is a significant increase of 9.09%, the 14-day change is a sizable increase of 17.61%, and the 21-day change is a considerable increase of 7.93%.
These upward trends in diamond prices may indicate growing demand or limited supply in the market.
7 Carat Natural Radiant Diamond Prices by Color and Clarity
| Clarity \ Color | D | E | F | G | H | I | J |
|---|---|---|---|---|---|---|---|
| VVS1 | N/A | N/A | N/A | N/A | R2,644,843 | N/A | N/A |
| VVS2 | R3,563,306 | N/A | R5,986,561 | N/A | R4,310,781 | N/A | R2,663,932 |
| VS1 | N/A | N/A | N/A | N/A | R4,790,343 | R2,718,944 | N/A |
| VS2 | N/A | N/A | R5,030,230 | N/A | N/A | N/A | N/A |
| SI1 | N/A | R4,586,687 | N/A | R4,213,547 | R3,397,712 | N/A | R2,332,628 |
| SI2 | N/A | N/A | R2,486,087 | N/A | N/A | N/A | R1,794,086 |
In South Africa, the highest quality 7 carat radiant natural diamonds with colour grade D and clarity VVS2 are priced at R3,563,305.57.
The lowest quality natural diamonds with colour grade J and clarity SI2 are priced at R1,794,086.30.
This is a difference of R1,769,219.27, which means that the highest quality natural diamond is priced 98.61% 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.
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