For first-time buyers, the following quick diamond budget scenarios can be a valuable cheat sheet for budget allocation within a given range. Building on our framework of prioritizing the 4Cs, the table below illustrates three options for a buyer within a given budget. Option 1 shows the types of diamonds a shopper would buy based on the

The internet has transformed the landscape of the diamond trade. Before the digital era, retailers imposed markups as high as 200%. However, with the ability to compare prices online, such markups have become obsolete. Online retailers, like James Allen, often have minimal markups and act as intermediaries between customers and dealers, e

As previously highlighted, larger diamonds tend to cost more. For many of us, this might seem like a leap. However, jewelry stores will offer special payment plans to allow buyers to cover the cost of the ring over a period. Additionally, lab-grown diamonds are a good option for individuals working with a tight budget

A three carat diamond weighs approximately 0.6 grams or 600 milligrams—roughly the size of a raisin. While 600 milligrams may seem modest, even a slight variation in a diamond’s weight can significantly influence its price and the balance of the four Cs in the jewelry industry. For example, a shopper might consider a 2.9 carat diamond ins

While many experts might argue that a diamond is not an ideal investment, this perspective does not hold universally true. Acquiring a diamond from a reputable source at a wholesale or near-wholesale price, especially if it is a top-tier gem of exceptional quality, can position it among the finest commodities to possess. The fact that bil

De Beers is expected to experience a substantial drop in revenue, declining from a high of $6.6 billion in 2022 to $4.7 billion in 2024, representing a decrease of $1.9 billion or a 29% reduction during that period. The price decline has been a consistent trend since March 2022, with the average price for o