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South Africa 7 Carat Round Natural Diamond Prices
The current price for a 7 carat round natural diamond in South Africa is R3,276,482.56, calculated from 128 diamonds that match this carat weight and shape in our database, and has decreased by 7.68% over the last 7 days.
When comparing to 7 carat natural diamond prices, prices for these diamonds range from R228,611.60 to R12,241,167.65, depending on factors such as colour and clarity.
7 Carat Round Natural Diamond Price Trends
Overall, the trend for 7 carat round natural diamond prices over the past three weeks shows a consistent decrease.
The 7-day change is a significant decrease of 7.68%, the 14-day change is a moderate decrease of 2.98%, and the 21-day change is a slight decrease of 0.94%.
These downward trends in diamond prices could suggest weakening demand or increased supply.
7 Carat Natural Round Diamond Prices by Color and Clarity
| Clarity \ Color | D | E | F | G | H | I | J |
|---|---|---|---|---|---|---|---|
| IF | N/A | N/A | N/A | N/A | R10,961,850 | R2,913,194 | R3,935,488 |
| FL | R12,241,168 | N/A | N/A | N/A | N/A | N/A | N/A |
| VVS1 | N/A | N/A | R10,441,626 | N/A | N/A | R3,425,055 | R2,215,499 |
| VVS2 | N/A | N/A | N/A | R7,588,383 | R6,554,965 | R2,925,821 | R2,434,605 |
| VS1 | N/A | R7,062,486 | R7,053,630 | R6,884,963 | R2,963,712 | R2,395,653 | R2,269,219 |
| VS2 | R5,010,229 | R5,523,179 | N/A | R4,047,295 | R4,214,749 | R2,573,217 | R1,897,957 |
| SI1 | R5,093,087 | R5,480,684 | R4,893,584 | R4,343,722 | N/A | R3,615,386 | R2,113,350 |
| SI2 | R2,206,612 | R4,600,162 | R2,422,802 | R2,324,326 | R3,435,159 | R2,490,052 | R2,036,457 |
| I1 | N/A | N/A | N/A | R2,334,110 | N/A | R1,537,312 | R1,390,225 |
| I2 | N/A | N/A | N/A | R228,612 | N/A | N/A | N/A |
In South Africa, the highest quality 7 carat round natural diamonds with colour grade D and clarity FL are priced at R12,241,167.65.
The lowest quality natural diamonds with colour grade J and clarity I1 are priced at R1,390,225.15.
This is a difference of R10,850,942.50, which means that the highest quality natural diamond is priced 780.52% 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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