What is the Price of a (Polished) Diamond?

In-depth
21/05/2015 16:26

Edahn Golan asks: what is the average wholesale price per carat of polished diamonds? He breaks down the calculation taking into consideration the world’s global production of diamonds (130,482,194.53 carats), percentage of gem-quality diamonds out of total mined production (+/- 55%), polishing yield by manufacturers – the average weight of a polished diamond compared to the rough diamond it was polished from (40% on average), and finally the total value of polished diamonds churned out by the global industry ($21.6 billion).

Putting it all together, he arrives at average per carat price of $752.