The Current Market Price of Diamonds in Nepal

As the global market for diamonds is evolving, particularly with the rise of manufactured diamonds, the cost of diamonds in Nepal also fluctuates based on factors such as clarity, size, and source.

Global Context of Diamond Prices

The value of a diamond is influenced by several key factors, including its carat weight, clarity, color, and cut. These characteristics are known as the 'Four Cs,' which determine the overall value of a diamond. However, the market is becoming more complex due to the increasing availability of manufactured diamonds, also referred to as lab-grown diamonds. This phenomenon is changing how consumers perceive and value diamonds, and thus impacting the pricing dynamics.

Current Diamond Prices in Nepal

In Nepal, the price per carat varies depending on the diamond's size. In recent times, the price per carat has been standardized at NPR 104,487.50. Here is a detailed breakdown of current diamond prices in Nepal:

0.2 Grams: NPR 104,487.50 100 Milligram: NPR 10,448.75 1/4 Carat: NPR 26,121.87 1/2 Carat: NPR 52,243.75 1 Carat: NPR 104,487.50

Additionally, the price of diamonds is subject to change based on the current market conditions. Here are some recent updated prices:

Today's Price per Carat: NPR 104,487.50 Diamond Rate per 50 Milligram: NPR 2,488 Diamond Cost per 100 Milligram: NPR 5,224.37 Diamond Price per 150 Milligram: NPR 7,836.56

Factors Influencing Diamond Prices in Nepal

Several factors come into play when determining the price of diamonds in Nepal, including:

Market supply and demand: The quantity available in the market and the overall demand for diamonds. Quality: Diamonds are graded based on their Four Cs, and higher grades command higher prices. Labor costs: Changes in the cost of labor can impact the overall price of diamonds. Diamond sourcing: The origin of the diamond can significantly affect its price, with certified diamonds sourced from recognized gemstone mines usually fetching higher prices. Political and economic conditions: Events in surrounding regions and national policies can also influence diamond prices.

Conclusion

The pricing of diamonds in Nepal is a dynamic and ever-changing landscape. Understanding the nuances of the diamond market can help consumers make informed decisions when purchasing a diamond. Whether you're looking to buy a small diamond or a larger one, knowing the current market prices is crucial. For more information and guidance on diamond pricing, consult a reputable jeweler or a professional in the diamond industry.

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