Diamonds under 4ct never rose as much nor fell as far.
Green diamond price in pakistan.
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This cut quality can lead to variations in price of around 5 to 15.
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A perfectly cut diamond will obviously have a higher value than a poorly cut diamond.
The wholesale and retail prices chart below is petra gems best average estimates based on data of leading diamond suppliers and.
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If the diamond is very poorly cut it would need to be recut to make it easier to sell and that will inevitably be accompanied by a reduction in weight.
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Prices update monthly this round diamond price chart shows changes in diamond prices over the past few years for different sizes.
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Note the price dip late 2008 the economic crisis and recent stabilization or even rises.
In 1979 gemstones corporation of pakistan was established to develop the gemstones sector in pakistan however in 1997 the corporation liquidated.
Diamond price chart for round diamonds.
This price index for 1 carat 1 5 carat 2 carat and 3 carat diamonds will be updated periodically to reflect changing retail and wholesale diamond prices.
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Now a number of organizations are working in this sector including all pakistan commercial exporters association of rough unpolished precious and semi precious stones apcea and pakistan gems and jewellery development company pgjdc.
The second section of this article will explain how diamond prices are determined and calculated.