3 Carat Oval Diamond Ring Cost: A Complete Guide
When it comes to selecting the most appropriate engagement ring, many tend to select the oval shape of the diamond. The oval shaped ring of 3 carat is being preferred a lot these days because of its shining surface as well as cut. Still, the price of the 3 carat oval diamond ring will differ depending on the following factors. So in this article, we will focus on factors that impact on the 3 carat oval diamond ring cost, and we will give you a general guide on how to plan for it.
Cost Relating Factors
The oval shaped 3 carat diamond ring cost depends on various factors. Here are the most important ones:
1. Shape and Cut of the Oval Diamond
The oval is famous for its ability to enhance brilliance and give the face a longer look. In general oval cuts are a more affordable measure as compared to round cuts of similar carat weight. However, the cutting point of an oval diamond makes a major contribution to shaping the last magnitude of the 3 carat oval diamond ring cost. If the oval cut is too shallow, or if it is much too deep, the price will be reduced; if it is at its ideal, the value will be raised.
2. Diamond Certification
Diamonds with a reputable report from Gemological Institute of America or other similar institution will cost more. The 3 carat oval diamond ring cost might be high because the GIA certification ensures that the diamond is real. Non-certified diamonds come in a cheaper price compared to certified ones though they come with risk that involves the quality or actuality of the diamond.
3. Market Trends and Diamond Availability
The value of diamond varies depending on the market price the availability of the stone and the demand of the market. A 3 carat oval diamond ring may be priced higher if there are few quantities of superior quality diamonds available in the market, or for greater consumer prices for oval cut diamonds. Pricing is also influenced by some global economic factors.
Average cost of a 3 Carat Oval Diamond Ring
On average, and depending on the setting, the 3 carat oval diamond ring cost can start from $20,000 to $80,000 or even go a notch higher. The price range is broad because its dependance on the factors stated above varies.
- A low quality 3 carat oval diamond ring is expected to go for a price close to $20,000.
- A high quality diamond is polished to cut, have a good color and clarity then the price may well go over $80 000.
Budgeting for a 3 Carat Oval Diamond Ring
When looking for a 3 carat oval diamond ring, you should have a financial plan that will be able to support the quality of the diamond and also design of the ring. This article gives you a general knowledge base to make a better decision by attempting to explain as much as possible about the 3 carat oval diamond ring cost.
- Prioritize the 4 Cs: If you can afford more, then I will suggest focusing on cut and clarity in order to get the best sparkle of the stone.
- Consider Different Settings: Choosing a plain environment for the ring can be useful so that one can spend more on the carat of the diamond.
- Shop Around: Even if two pieces of jewelry are similar in quality, their price offers can differ vastly between jewelers, so it makes sense to compare.
Final Thoughts
In conclusion we can define that the price of this 3 ct oval diamond ring depends on a lot of factors and might be quite different from the above described. Knowing these factors, you will be able to make the right decision and help make sure that the very ring you choose, not only looks good, but does not cost an arm and a leg.
While deciding whether to buy the Antique Oval 3 carat Cuts or the QRecognised Oval 3 carat Cuts, if you are planning to go platinum or gold, then it would be advised to always scout for offers available online, and keep the above list in mind when deciding whether to spend about $ 2000 – $3000 in order to afford the 3 carat oval diamond ring cost.