The price of a 1 carat diamond ring in South Africa varies widely based on factors like diamond quality (cut, color, clarity), whether the diamond is mined or laboratory-grown, and the setting. For a certified mined Round Brilliant 1.00 carat H/I/J-colour, VS-clarity diamond set in a simple platinum setting, expect to pay about R130,354 on average, with some offers as low as R106,800[1]. Laboratory-grown diamonds of similar specifications can cost significantly less, with options around R30,000–R50,000[1].
Retailers show recent prices for 1 carat diamond rings starting around R34,900 for good quality stones in classic settings[2], and lab-grown variants in the same size can be found for approximately R29,772 to R36,597 depending on metal and design choices[3]. In the broader market, sources report an average price for a 1 carat diamond engagement ring in South Africa to be around R100,000, but this can fluctuate based on the specific characteristics of the diamond and custom design requests[5].
Internationally, 1 carat diamond rings vary widely as well, typically ranging from $4,000 to $12,000 for good quality, but prices can dip as low as $1,200 or rise as high as $17,000 or more depending on quality and setting[4]. The South African market generally tracks the international trend, but local options can sometimes offer better value, especially for lab-grown diamonds[1].
References
- [1] The Price Of A 1,00ct Diamond Engagement Ring in South Africa – Poggenpoel
- [2] Custom Made Fine Jewellery – Craig Marks Diamonds
- [3] Browse Fashionable 1.0-1.01 Carat Engagement Rings – Glamira
- [4] 1 Carat Diamond Ring Price – diamond.co.za
- [5] How much does a real diamond ring cost in South Africa – Instagram
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