Natural Diamond Prices – August 2022

The natural diamond market has taken a slight shift over the past two months. Industry experts are concerned about the decrease in diamond trade and the industry forecast for the second half of 2022. Geopolitical and economical tensions continue to rise in China.

Let’s take a closer look at how the occurrences throughout July had an effect on the Popular Diamond Shapes Chart and the state of Natural Diamond Prices for August 2022:

Where to buy loose diamonds: For the highest quality diamonds try WhiteflashJames Allen and Blue Nile they all have fantastic selections of loose diamonds.



Top 5 Popular Diamond Shapes - August 2022.

Round diamonds continue to be the most popular shape of diamond on the market making up 81.57% (popularity) and increasing by 1.12% in popularity since July 2022. Oval continues to sit in second place making up 6.23% (popularity) and decreasing by 17.59% in popularity since last month. Cushion remains in third place making up 3.26% (popularity), and increasing in popularity by 8.66% since last month. Emerald continues to sit in fourth place and marquise continues to make the Top 5 Popular Diamond Shapes for the third month in a row.


Natural Diamond Prices August 2022

The table below gives you the rundown and details of the changes for the last three months:

Round Diamond Price Changes For The Last 3 months
Diamond Carat Sizes6/1/20227/1/20228/1/2022
0.0 – 0.5-3 % -2 % -3 % 
0.5 – 1.0-4 % -1 % -1 % 
1.0 – 2.0-2 % 0 %3 % 
2.0 – 3.0-1 % 0 %1 % 
3.0 – 4.0-2 % 1 % 0 %
4.0 – 99-1 % 1 % 0 %

Carat Sizes Average Price Per Carat For a Round Diamond - August 2022

This August the average price per carat for a round diamond of 1 – 1.19 carat G color VS1 clarity is $9,207 compared to July 2022 which was an average price of $9,587. The average price per carat for round diamonds has decreased by 3.96% since last month.

The current average and lowest prices per carat are shown in PriceScope’s diamond price charts by carat and their corresponding color and clarity.

We advise consumers to keep in mind that cut quality and vendor services such as upgrades and returns can make a significant difference in the price point when shopping for loose diamonds. PriceScope has been collecting retail diamond prices since 2007 of over 1,000,000 diamonds currently in the database. PriceScope diamond price chart page shows the full diamond price charts for rounds and other fancy shapes. We update the diamond prices on a monthly basis. Keep an eye out for September’s diamond prices.

The natural diamond industry is undergoing fundamental disruption as political, economical, and societal issues disturb the supply chain, reduce demand, and shift consumer shopping behavior. Based on recent political, economical, and societal tensions throughout the world we would love to read your industry predictions for the US diamond market for the upcoming month– Click the comments button below.

Whether you’re actively shopping for natural diamonds or just browsing – Check out the PriceScope Diamond Search.

Latest Publications on Diamond Prices August 2022:


Rapaport Weekly Market Comment

Diamond market quiet. Deep concerns about trading slowdown and prospects for 2H. US retail steady; jewelers cautious about buying large amounts of inventory. China sluggish amid rising geopolitical tensions and economic uncertainty.

US Polished Imports Jump in May

US polished-diamond imports increased 40% year on year to $2.2 billion in May, according to recent data from the country’s Department of Commerce. The month is usually one of the busiest for shipments, as companies send goods to America in preparation for the JCK Las Vegas show in early June.

GIA Launches Diamond Origin Service

The Gemological Institute of America (GIA) has begun accepting submissions for a new service providing consumers with source verification for diamonds.

De Beers Raises Production Plan

De Beers has increased its production outlook for 2022, citing positive demand and strong performance at its mines in the first half of the year.


New Diamond Ship Boosts Namibia’s Output

Namibia’s diamond production increased by more than two thirds (67.2 per cent) following the launch of its latest diamond recovery vessel.

IDEX Price Report for 1 August: Rounds Down, Fancies Mixed

There were more losses again in July, especially among rounds, as the war continues in Ukraine. A more mixed picture for fancies. The only clear upward trend is among larger ‘investment type’ stones of 4.0-cts to 5.0-cts, which is typical when financial markets are weak and investors seek greater stability.

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