What is 1 CT Diamond?
A ‘carat’ is a diamond industry specific unit of measurement used to specify the weight of a diamond. One carat is equal to 200 milligrams, for example, a 5-carat stone will weigh 1 gram.
People often mistakenly assume that a diamond’s size is synonymous with its carat weight, though that’s not necessarily true.
How Much Is A 1 CT Diamond In south Africa?
A round brilliant cut, 1.00ct G colour, SI1 clarity, excellent cut GIA-certified diamond will cost approximately including VAT (~ R106,183).
A princess cut, 1.01ct H colour, SI1 clarity, GIA-certified diamond will cost approximately including VAT (~ R71,049).
How much is Diamond per gram in South Africa?
Today, the Diamond price per carat in South Africa is ZAR 13,617.29, today’s Diamond rate per 50 milligram in South Africa is ZAR 324, Diamond cost per 100 milligram today in South Africa is ZAR 6,808.64, today’s Diamond price per 150 milligram in South Africa is ZAR 10,212.96.
Are diamonds in South Africa cheaper?
The cost of labor in South Africa is also relatively cheap which can also drive the cost of diamonds down.
Diamond wholesalers obtain diamonds directly from the mines and then sell them to jewelers. The prices offered are wholesale prices and much more affordable than the retail sector.
Is South Africa a good place to buy diamonds?
South Africa is renowned for its exceptional diamonds, both colorful and perfectly clear. That doesn’t mean that finding a good deal is always easy, however. The best diamond deals ultimately arise from well-informed decisions.
Where are the best diamonds in South Africa?
Venetia, Finsch and Kimberley mines are some of the top diamond mines in South Africa.