1 Gram Diamond Price In Singapore Today

3 min read Jul 06, 2024
1 Gram Diamond Price In Singapore Today

1 Gram Diamond Price in Singapore Today

Introduction

Diamonds are one of the most precious and sought-after gemstones in the world. In Singapore, diamonds are not only a luxury item but also a popular investment option. If you're considering buying a diamond, you might be wondering how much it costs. In this article, we'll explore the current price of 1 gram diamond in Singapore today.

Diamond Price Factors

Before we dive into the price of 1 gram diamond, it's essential to understand the factors that affect diamond prices. The 4Cs of diamonds - Carat, Color, Clarity, and Cut - play a significant role in determining the value of a diamond. Additionally, other factors such as certification, market demand, and supply also influence diamond prices.

1 Gram Diamond Price in Singapore

As of today, the price of 1 gram diamond in Singapore varies depending on the quality and characteristics of the diamond. Here are some approximate prices for 1 gram diamonds in Singapore:

  • Low-quality diamond (I-J color, SI2-SI3 clarity): SGD 3,500 - SGD 5,000 (approximately USD 2,500 - USD 3,500)
  • Mid-quality diamond (G-H color, SI1-SI2 clarity): SGD 6,000 - SGD 8,000 (approximately USD 4,200 - USD 5,500)
  • High-quality diamond (D-F color, IF-SI1 clarity): SGD 10,000 - SGD 15,000 (approximately USD 7,000 - USD 10,500)
  • Premium diamond (D-F color, FL-IF clarity): SGD 20,000 - SGD 30,000 (approximately USD 14,000 - USD 21,000)

Where to Buy Diamonds in Singapore

Singapore has several reputable diamond dealers and jewelers where you can buy diamonds. Some popular options include:

  • Far East Gem Hub
  • Singapore Diamond Exchange
  • Lee Hwa Jewellery
  • SK Jewellery

Conclusion

The price of 1 gram diamond in Singapore varies depending on the quality and characteristics of the diamond. Before making a purchase, it's essential to research and compares prices from different dealers and jewelers. Additionally, consider factors such as certification, warranty, and after-sales service when buying a diamond in Singapore.

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