How Much Does Diamond Cost In South Africa

Diamond is a solid form of the element carbon with its atoms arranged in a crystal structure called diamond cubic. At room temperature and pressure, another solid form of carbon known as graphite is the chemically stable form of carbon, but diamond converts to it extremely slowly.

How Much Does Diamond Cost In South Africa

South Africa Diamond Rate Today

QuantityDiamond Rate
100 MilligramZAR 1,361.73
1/4 CaratZAR 3,404.32
1/2 CaratZAR 6,808.64
1 CaratZAR 13,617.29

How much does a diamond ring cost in South Africa?

In South Africa, the average spend is between R30,000 and R40,000, the group said – though noting that there were extreme swings above and below that range. Financial journalist, Maya Fisher-French previously pegged the typical budget for an engagement ring at R20,000.

How much is 1g of diamond in South Africa?

South Africa Diamond Price Today

WeightDiamond PriceDate
0.25 CaratZAR 3,404.3225-01-2022
0.1 CaratZAR 1,361.7325-01-2022
0.2 GramZAR 13,617.2925-01-2022
1 GramZAR 68,086.4325-01-2022

Are diamonds in South Africa cheaper?

Are diamonds cheaper in South Africa? – Quora. To give a short answer, nope. Diamonds in South Africa are usually sold in the form of rough, and in bulk. And they are purchased exclusively only by around ~ 100 manufacturing companies, or what is organized by the DTC (Diamond Trading Company) under ‘a Sightholder ‘.

How much is a 1 carat diamond in South Africa?

Image result

How much is a 1 carat diamond? A round brilliant cut, 1.00ct G colour, SI1 clarity, excellent cut GIA-certified diamond will cost approximately $6850 including VAT (~ R106,183). A princess cut, 1.01ct H colour, SI1 clarity, GIA-certified diamond will cost approximately $4584 including VAT (~ R71,049).