Unfortunately, there are few things in life that do not involve considering the price: the same applies to engagement rings and fine jewelry items. Many buyers will be interested in knowing the 2.5 carat oval diamond ring cost. Contemporary cut oval diamonds have become popular due to their elliptical shape and fire but their cost can be very much different based on the following conditions. In this article we will explain what factors affect the 2.5 carat oval diamond ring cost so that you will have a clear idea of what price to expect.
Elements affecting 2.5 carat oval diamond ring price.
The 2.5 carat oval diamond ring cost depends on the following; the quality of the oval diamond and the type of metal used in the setting the.De mand in the market. Knowledge of these factors may assist you while making purchases.
Setting and Metal Type
As for the ornament, the type of setting and the type of metal that is used also has an influence in arriving at the approximate cost of the 2.5 carat oval diamond ring cost. Standard options for the metal are white gold, yellow gold, rose gold, and platinum. Each metal has a different cost associated with it:
- Gold: People love using gold and it usually costs according to the karat number; 14, 18 and so on. Even though yellow gold is usually slightly cheaper, white gold is usually mixed with nickels or palladiums which increases its cost.
- Platinum: It is more pricey than gold, and has a more rich look; it is, in fact, denser than gold because of its weight. That is if you opt for a platinum setting for your 2.5 carat oval diamond ring because it will be more expensive.
Looks are also important in the setting area The color, shape and size also play an important role in the general looking of the setting area. Extra details such as complex or delicate engravings or extra diamonds or gemstones will definitely drive the 2.5 carat oval diamond ring price up.
Market Demand and Trends
Another criterion that had influence on the 2.5 carat oval diamond ring cost is also the tendencies of certain markets. Oval cut diamonds have gained a large following because of the way they accentuate the hand and their overall shape. If demand is present, then there will be a possibility for a firm to increase its prices.
Cost of an Oval Cut Diamond Ring that has a 2.5 carat on average
We understand that there are some factors which affect the 2.5 carat oval diamond ring cost and it will therefore now be relevant to look at some of the average prices. The cost of engagement rings depends on the quality and the attributes of the diamond used, the type of setting used.
- Lower Range: A 2.5 carat oval cut of a lower clarity, color and make is going to range between $8000 to $12 000. These stones may have an I color grade, visible inclusions or the ratios may not be a perfect fit.
- Mid Range: A mid-quality 2.5 carat oval diamond ring will cost from $12000 to $20000. These diamonds might have a higher clarity and color which makes them better quality while might be affordable since they are not on the market.
- High Range: To get a quality 2.5 carat oval cut diamond ring, one could easily be charged $20000 and above and may even cost more than $30000. These diamonds will be cut to perfection, they will be free of internal flaws and will have the best color possible, these make perfect diamonds for any event.
Final Thoughts
Thus, it is important that it becomes well understood that the factors that have an influence on the 2.5 carat oval diamond ring cost must be determined to identify the cost. Gem quality, the kind of metal to be used in setting, and other factors, which determine current market price of the diamonds, add up to the final total of the ring.
