Natural Diamond Prices – December 2024

By Editor On Dec 2, 2024

ROUND Diamond Price Changes For The Last 3 months
Diamond Carat Sizes	10/1/2024	11/1/2024	12/1/2024
0.0 – 0.5	0 %	-1 % ↓	1 % ↑
0.5 – 1.0	-3 % ↓	-2 % ↓	3 % ↑
1.0 – 2.0	2 % ↑	-3 % ↓	0 %
2.0 – 3.0	-1 % ↓	0 %	0 %
3.0 – 4.0	-1 % ↓	0 %	1 % ↑
4.0 – 99	-1 % ↓	0 %	1 % ↑

Average Price Per Carat For a Round Diamond

In December 2024, the natural diamond market showed moderate shifts in the average price per carat for round diamonds in the 1.00–1.19 carat range. While some clarity and color grades displayed slight increases, others experienced declines, reflecting the dynamic nature of the market as the year concludes.

Premium Grades

High-value grades such as D/FL saw a slight increase in average price, moving from $11,630 in November to $12,087 in December, while D/IF rose from $13,835 to $14,054. These upward shifts may reflect strong holiday-season demand for premium diamonds, particularly for consumers prioritizing quality.

Mid-Range Grades

Mid-range grades showed some declines. For example, G/VVS2 dropped from $6,193 in November to $6,159 in December, while F/VVS2 decreased from $7,528 to $7,467. G/VS1 remained stable, moving marginally from $5,831 to $5,835, signaling consistent consumer interest in this value-focused segment.

Lower Grades

Lower clarity and color grades demonstrated varied performance. J/VS1 decreased slightly from $3,258 to $3,227, indicating ongoing demand in the budget-conscious segment. Conversely, K/SI1 saw a slight increase from $2,216 to $2,263, reflecting stable but cautious purchasing behavior at the entry-level end.

When shopping for loose diamonds, it’s important to consider that factors like cut quality and vendor services—such as upgrade options and return policies—can significantly influence the price. At PriceScope, we’ve been tracking retail diamond prices since 2007, with over 1,000,000 diamonds currently in our database. Our Diamond Price Chart page offers comprehensive price insights for both round and fancy-shaped diamonds, updated monthly. Be sure to check back for January 2025’s natural diamond price updates.

As 2024 concludes, the natural diamond market has shown nuanced shifts driven by consumer preferences and economic dynamics. December’s price movements offer valuable insights into the trends that have shaped Q4, providing a foundation for forecasting expectations in early 2025. For those closely monitoring these developments, your perspectives and questions are invaluable. Share your thoughts or connect with an industry expert by clicking the comments button below.

Whether you’re in the market for natural diamonds or just exploring your options, be sure to visit the PriceScope Diamond Search.