The current price for a 3 carat natural diamond ring in South Africa is approximately R650,634.39, based on an analysis of thousands of diamonds that match this carat weight and type[1]. Prices vary considerably depending on factors such as the diamond’s shape, color, and clarity, ranging from as low as R29,574.81 to as high as R5,099,892.81[1].
If you are specifically interested in a 3 carat round natural diamond, the current average price sits at about R668,657.30. However, the price spectrum ranges from R33,472.08 to R5,256,076.03, depending on quality characteristics[3].
Comparing different diamond shapes at the 3 carat weight:
- Marquise: ~R786,063.00 (most expensive)
- Princess: ~R521,884.00 (least expensive)
The difference in price between these two shapes is R264,179.00, meaning marquise diamonds can be over 50% more expensive than princess diamonds of the same carat weight[1].
For diamonds of slightly different specifications (cut, color, and clarity), examples from leading jewellers show 3 carat stones priced between R413,000 (3.60ct, I, SI1) and R1,196,000 (3.40ct, F, VS1), both including VAT. The prices reflect premium qualities, such as certification by GIA, higher color grades, and better clarity[5].
Market data indicates price volatility in this carat category, with fluctuations of several percent week-to-week[1][3]. Factors like international diamond trends, currency changes, and local demand also influence prices.
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