Which country sells diamonds the cheapest?

For the cheapest diamonds, India (Surat/Mumbai) and Belgium (Antwerp) are top contenders due to massive cutting/polishing industries and efficient supply chains, but Dubai can also offer significant savings, while Israel (Tel Aviv) provides direct access to large inventories, with prices varying by retailer, certifications (GIA/IGI), and tariffs, making online research crucial for best value.

Which country has the lowest price of diamonds?

Here's a list of countries where you're most likely to find diamonds at lower prices:

• India – Thanks to local diamond cutting factories and low labor costs, India's diamond prices are often more wallet-friendly than most Western countries. ...
• Dubai, UAE – Dubai is a go-to spot for buying tax-free diamonds.

Where's the best place to buy diamonds?

Editor's Picks

• Best Place To Buy Diamonds Overall: Brilliant Earth.
• Best For Engagement Rings And Wedding Jewelry: Blue Nile.
• Best For Lab-Grown Diamond Jewelry: Vrai.
• Best For Affordable Diamond Jewelry: Mejuri.
• Best For Everyday Diamond Jewelry: Stone And Strand.
• Best For Diamond Jewelry Gifts: Kendra Scott.

Are diamond rings cheaper in India or the UK?

India: Cheapest,if you know what you're doing

If we're talking numbers alone, India is almost unbeatable. Cities like Surat are literally where many of the world's diamonds are cut and polished,before they even reach the global market. That means fewer middlemen, better pricing, and early access.

Is it cheaper to buy diamonds overseas?

If you go apples-to-apples on top-quality, certified stones, you'll usually find diamonds a tad cheaper in India, but only if you're careful about where you buy and you know how to bargain. In the USA, you're paying for peace of mind, stricter grading, and convenience—but that security comes at a price.

I’m a Jeweler, Here’s How I Buy My Own Diamonds (and Save Big!)

What country is best to buy diamonds in?

Belgium: The Heart of the Global Diamond Trade

Known as the diamond capital of the world, Antwerp handles a significant portion of the world's rough diamonds. The city's diamond district is a bustling hub where buyers can explore a vast selection of diamonds at various price points.

Are diamonds cheaper in Dubai than the UK?

It is a known fact that diamond price in Dubai is lower than most developed countries without any compromise on the quality. Dubai is deemed as one of the cheapest places to buy diamonds and rightly so.

How much is a 2 carat diamond in India?

A 2 carat stone can cost anywhere from ₹4,00,000 to over ₹15,00,000 depending on several things. The diameter provides a tangible size reference for diamonds, particularly for round brilliant diamonds, which helps in understanding the actual size in addition to the carat weight.

How much is a 1 carat diamond ring in India?

How much does 1 carat diamond cost? Natural: ₹1.5L–₹7L | Lab-grown: ₹60K–₹2.5L (varies by cut, colour, clarity, and certification).

How much is 1 carat of diamond in Dubai?

The price of a 1-carat diamond in Dubai today can vary widely depending on its quality, cut, color, and clarity. However, the average price of a 1-carat diamond in Dubai is approximately AED 16,500 to AED 22,000 (USD 4,500 to USD 6,000).

How much do 1 carat of diamonds cost?

A 1 carat diamond's price varies widely, from a few hundred dollars for lab-grown or lower-quality natural stones (around $300-$2,000) to over $10,000 for high-quality natural diamonds (e.g., $6,000-$10,000 for good quality, up to $12,000-$18,000+ for excellent quality D-F color/IF clarity). The price depends heavily on the "4Cs" (Cut, Color, Clarity) and origin (natural vs. lab-grown), with round shapes typically costing more.

Is Costco diamond good quality?

We guarantee that all diamonds supplied by Costco Wholesale have a clarity to be "VS2" or better and color to be "I" or better as outlined by the industry standard in the Gemological Institute of America (GIA) grading guide. Costco sells diamonds with a cut grade of Good to Excellent.

Where can I buy cheap diamonds in the world?

Understanding Diamond Value

• India. Known for its diamond cutting and polishing industry. ...
• Thailand. Houses a bustling diamond market with a wide range of options. ...
• Dubai. Tax-free shopping destination attracting diamond buyers. ...
• Belgium. Antwerp, the diamond capital of the world, offers competitive prices. ...
• South Africa. ...
• China.

Why are diamonds from India so cheap?

Here's what most people don't know. Nearly 95% of the world's diamonds are cut, polished, and graded in India—primarily in Surat. It's not just about lower labor costs—it's about unmatched skill, speed, and scale.

Which country is no. 1 in diamond?

Which countries are the biggest diamond producers?

• Russia tops the list with a production level of around 37.32 million carats in 2023 – an 11% decrease from the previous year.
• Botswana, the second-largest producer, mined 25.1 million carats, which is a 2% drop from 2022.

Why is Diamond Jewelry United so cheap?

At Diamond Jewelry United, we source large parcels of rough diamonds from South Africa, where they are mined. We then polish the diamonds and manufacture all our jewellery in-house, which helps us keep our costs low.

What diamond shape is most expensive?

If you're looking for the most expensive diamond shape, a round brilliant diamond is the top choice due to its demand, craftsmanship, and unparalleled brilliance. If you want a luxury diamond that stands out, consider oval, marquise, or heart-shaped diamonds, which also command higher prices.

Which finger is best for a diamond ring?

The Classic Choice: The Ring Finger (Left Hand)

The vena amoris (vein of love) myth says it runs straight to the heart. Best for: solitaires, heritage Polki bands, eternity rings with real uncut diamonds.

How much should I pay for a 2 carat diamond?

Another big difference between 1 and 2 carat diamonds is the price. There is a dramatic increase in cost from 1-carat diamonds to 2 carat diamonds. While 1-carat stones cost anywhere from $2,000 – $20,000, 2 carat stones range from $8,000 to $50,000. This is because, the larger the carat weight, the rarer the diamond.

How can I save money on a diamond ring?

Here are some tips that jeweler's recommend to diamond buyers to get the best diamond possible on your budget:

1. Compromise on Color. ...
2. Enhanced Clarity. ...
3. Lower Clarity Grades. ...
4. Learn how the Cut affects the Size. ...
5. Compromise on Carat Weight. ...
6. Choosing a Deceptive Setting.

Is it cheap to buy diamonds in India?

The real diamond price in India today can range from as low as ₹40,000 for small diamonds to over ₹15 lakhs for premium 1-carat or larger diamonds. Factors like cut, clarity, color, carat, and certification play a crucial role in determining the final price.

Is $100 a day enough in Dubai?

Yes, $100 a day ($3,000/month) is enough in Dubai for a budget traveler who uses public transport, eats locally in areas like Deira and Bur Dubai, mixes free attractions with one paid activity, and avoids peak season/alcohol; however, it's tight and doesn't cover accommodation or luxury, with the average tourist spending much more (around $289/day). 

Are diamonds tax-free in Dubai?

One of the biggest advantages of buying diamonds in Dubai is tax-free shopping. The city offers tax-free shopping, which means that you can save a significant amount of money on your diamond purchase.

Why is Cartier cheaper in Dubai?

Dubai has long been a hotspot for luxury seekers because of its tax-free status, which often means that high-end items like Cartier diamond rings. In Dubai, the lack of a value-added tax (VAT) until 2018 meant significant savings on luxury items.