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How much would a pound of diamond cost?

Updated: 9/19/2023
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Wiki User

13y ago

Best Answer

Depending on the quality of diamond you're interested in buying, you can pay millions for a single carat -- for a rare, fancy coloured, flawless, gem-quality diamond, or you can purchase industrial-grade diamonds for use in industry.

Key basics:

  • One carat diamond weight equals .20 grammes
  • .20 grammes equals 0.007054 ounces

You can purchase industrial diamonds -- bort -- on a contract today with a South African corporation and pay US$8.00 per carat for a minimum purchase of 1,000 carats per month on an ongoing basis.

Can you do the math?

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Wiki User

13y ago
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