This is evident when you look at the average retail prices of diamonds by carat weight. On average, the retail price for one carat diamonds can be anywhere between $2,000 to $16,000, and between $8,000 to $72,000 for two carat diamonds .

All over the world, India is deemed to be the region where diamonds are found at cheaper rates. This certainly has many other reasons as well. Ring Designs are made of diamonds which might be absolutely crystal clear ones.

Natural diamonds are finite resources, and their availability can impact their value. Indeed, the lab-grown diamond market may have temporarily distressed the demand for natural stones, however the oversupply of man-made diamonds appears to have reached its apex and prices are now declining.

On average, you can expect the cost of a 2 carat diamond to widely vary depending on its shape, cut quality, clarity, color, and whether it's a naturally mined or lab diamond. The varying cost can range from $5,000 to $50,000 or more.