1 Carat Diamond Price In Bangladesh Today

4 min read Jul 06, 2024
1 Carat Diamond Price In Bangladesh Today

1 Carat Diamond Price in Bangladesh Today

Introduction

Bangladesh, a country with a growing economy and a penchant for luxury, has seen a significant increase in demand for diamonds in recent years. Among the most sought-after diamond sizes, the 1-carat diamond is a popular choice for its rarity and exclusivity. But have you ever wondered how much a 1-carat diamond costs in Bangladesh today?

Determining Factors

The price of a 1-carat diamond in Bangladesh depends on several factors, including:

The 4Cs

  • Carat: The weight of the diamond, with 1 carat being the standard unit of measurement.
  • Color: The color of the diamond, ranging from D (colorless) to Z (light yellow).
  • Clarity: The presence or absence of inclusions and blemishes, with Flawless (FL) being the highest grade.
  • Cut: The quality of the diamond's cut, which affects its brilliance and fire.

Certification

  • GIA (Gemological Institute of America) or AGS (American Gem Society) certification, which ensures the diamond's authenticity and quality.

Market Demand

  • Seasonal demand: The demand for diamonds tends to increase during peak wedding seasons and festive occasions.
  • Geographical location: Prices can vary depending on the city, region, or country.

Current Prices

As of today, the price of a 1-carat diamond in Bangladesh ranges from Tk 3,50,000 to Tk 12,00,000 (approximately USD 4,100 to USD 14,400). Here are some approximate price ranges for different types of 1-carat diamonds:

  • GIA-certified, F-G color, SI1-SI2 clarity: Tk 3,50,000 - Tk 5,00,000 (USD 4,100 - USD 5,900)
  • GIA-certified, D-E color, SI1-SI2 clarity: Tk 5,50,000 - Tk 7,00,000 (USD 6,400 - USD 8,300)
  • GIA-certified, D color, FL-SI1 clarity: Tk 9,00,000 - Tk 12,00,000 (USD 10,600 - USD 14,400)

Please note that these prices are approximate and can vary depending on the specific characteristics of the diamond and the seller.

Conclusion

A 1-carat diamond is a significant investment, and it's essential to consider the factors mentioned above to ensure you get the best value for your money. When purchasing a diamond in Bangladesh, make sure to buy from a reputable dealer, and don't hesitate to ask for certification and documentation to guarantee the diamond's authenticity and quality.

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