1 Gram Diamond Set Price In Pakistan

5 min read Jul 18, 2024
1 Gram Diamond Set Price In Pakistan

1 Gram Diamond Set Price in Pakistan

Introduction

Diamonds are a symbol of luxury and elegance, and their prices can vary greatly depending on several factors such as carat, cut, color, and clarity. In Pakistan, the demand for diamond jewelry is high, especially among the affluent class. If you're looking to invest in a diamond set, it's essential to know the market price of a 1-gram diamond set in Pakistan.

Factors Affecting Diamond Prices in Pakistan

Several factors contribute to the prices of diamonds in Pakistan, including:

Carat Weight

The weight of a diamond is measured in carats, with larger diamonds being more rare and valuable. A 1-gram diamond set would typically consist of multiple smaller diamonds, rather than a single large stone.

Cut and Shape

The cut and shape of a diamond can also impact its price. Round brilliant cut diamonds are the most popular and expensive, while fancy cuts like hearts and pears are less expensive.

Color and Clarity

The color and clarity of a diamond also affect its price. Colorless diamonds (D-F) are the rarest and most valuable, while those with a yellow or brown tint (G-J) are less expensive. Similarly, diamonds with few inclusions (IF-SI1) are more valuable than those with many inclusions (SI2-I3).

Certification and Authentication

Diamonds certified by organizations like the Gemological Institute of America (GIA) or the International Gemological Institute (IGI) are more valuable than those without certification.

Market Demand

The demand for diamonds in Pakistan can fluctuate, impacting prices. Seasonal demand, international market trends, and local economic conditions can all influence diamond prices.

1 Gram Diamond Set Price in Pakistan

The price of a 1-gram diamond set in Pakistan can vary depending on the factors mentioned above. However, based on current market trends, here are some approximate price ranges for a 1-gram diamond set:

  • Basic Diamond Set: A 1-gram diamond set with smaller, lower-quality diamonds (0.01-0.05 carats each) can cost between PKR 100,000 - 200,000 (approximately USD 650 - 1,300).
  • Mid-Range Diamond Set: A 1-gram diamond set with mid-quality diamonds (0.05-0.10 carats each) can cost between PKR 300,000 - 500,000 (approximately USD 1,950 - 3,250).
  • High-End Diamond Set: A 1-gram diamond set with high-quality diamonds (0.10-0.20 carats each) can cost between PKR 800,000 - 1,200,000 (approximately USD 5,200 - 7,800).
  • Luxury Diamond Set: A 1-gram diamond set with high-quality, certified diamonds (0.20-0.50 carats each) can cost between PKR 2,000,000 - 5,000,000 (approximately USD 13,000 - 32,500).

Conclusion

The price of a 1-gram diamond set in Pakistan can vary greatly depending on several factors. It's essential to research and compares prices from different jewelers to find the best value for your money. Additionally, consider investing in a certified diamond set to ensure authenticity and quality.

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