How Much is a 5-carat Diamond Ring? – Key Factors You Cannot Miss

If you want an absolute showstopper for your special someone or yourself, a five-carat diamond ring is certainly the way to it. A diamond of this size is a thing of rare beauty that gives you an air of splendor when you wear it.

But before buying your gorgeous ring, it is important to consider all the options so you can get the most bang for your buck!

As long as you do not compromise on the quality too much, your 5-carat diamond ring will be absolutely dazzling. In this article, we will discuss how much is a 5-carat diamond ring and the key factors that contribute to its price.

So, let’s get started!

What is a 5-carat Diamond?

Before we get into the nitty-gritty of the five-carat diamond ring price, we would like to make sure you know what really is a 5-carat diamond.

A lot of people believe that the 5-carat diamond means a large-sized diamond. However, this is not entirely true. Carat measures the weight of a diamond. A 1-carat diamond weighs approximately 0.2 grams, which makes a 5-carat diamond weigh roughly 1 gram.

On the contrary, the size of a diamond is determined by its shape and cut quality. This means that diamonds with oval, emerald, and marquise cut shapes look larger than round diamonds, even if they have the same weight in carats.

As for how much is a 5-carat ring value, let’s explore how a diamond's cut, shape, and color can affect a diamond’s price.

How the Price of a 5-carat Diamond Ring is Determined?

Apart from the carat weight, several other factors can affect the price of diamond rings. These include the cut, color, and clarity of your diamond, as well as the setting and customization. Although the carat of the diamond is a major contributor, you cannot ignore the other factors.

Let’s explore what these factors are and how they can determine a 5-carat diamond ring price.

• Type of Cut

The first factor that will determine how much a 5-carat diamond ring will cost is the cut type of the diamond. A diamond can have either a brilliant cut or a step-cut. Brilliant-cut diamonds have the most sparkle, while step-cut diamonds provide more of a geometric look. That being said, brilliant-cut diamonds will cost you more than step-cut diamonds.

• Range of Color

The second thing to consider is the color of the five-carat diamond. A diamond’s color can be anywhere from a colorless (D) to a yellowish-colored (Z) diamond. Most colorless grades of diamonds range from D to F and can cost you tens of thousands of dollars. But if you want to save money, you can look for a G-H range diamond ring. These diamonds can have a subtle yellowish tint, which is not perceived by the naked eye.

• Extent of Clarity

When on the lookout for how much is a 5-carat diamond ring, you must consider the clarity of the diamond. Clarity is measured on a six-point scale from internally flawless (IF) to a blemished or heavily included I3. 

That being said, IF diamonds are a thing of rarity and have premium prices. But as long as the diamond is clear to the naked eye, you can still get the most bang for your buck! A VSI/VS2 diamond is the best for an eye-clean diamond ring. But if you have a limited budget, you can opt for an I-range diamond ring, but try to stick to I1 to avoid visible inclusions.

• Shape of Diamond

The third contributor to how much a 5-carat diamond ring can cost is the shape of the diamond. Some diamond shapes are cheaper than others. For instance, a 5-carat round diamond with a brilliant cut will be pricier than a princess-cut diamond of the same carat weight. You can explore different shapes to find one that meets your budget or try a mixed-shape diamond ring.

• The Setting of the Ring

No doubt, the 5-carat diamond will be taking all the limelight, but the right setting can embellish it further. The setting will also add to the price of the diamond ring. You can opt for a platinum, white gold, yellow gold, or rose gold setting to hold your diamond securely in place. 

We at Lumije strive to work with our customers to help them find the diamond ring of their dreams. You can talk to our certified diamond experts to customize the ring to your preferred style.

How much is a 5-carat diamond ring?

Diamonds' prices are based on their carat weight. This means as you move to the higher weight categories, the prices increase exponentially.

For instance, our stunning 1.00 Ctw Nine-Stone Marquise-Cut Diamond Band ring costs only $2,850 compared to our 4-carat Eternity Band ring that costs around $8,800 with an I color and I1 clarity.

As for how much is a 5-carat diamond ring? A Gia-Certified 5.08-carat engagement ring at Lumije can cost $198,000. Our diamond rings come in a wide variety of shapes, cuts, colors, and clarity so that you can get your dazzling diamond rings at a reasonable price.

You can also customize the size, shape, color, clarity, and setting to your preference by booking a free virtual consultation with our diamond experts.

How much is a 5-carat Natural Diamond?

If you are looking for how much is a 5-carat diamond ring with a natural diamond, you must know that natural diamonds are pricier than lab-grown diamonds. But for the right reasons, too! These diamonds stay hidden under the surface of the earth for millions of years. They endure a vast history and travel an immense journey to reach you.

Lumije brings these hidden treasures of nature to you in the form of exquisite jewelry. So you can enjoy a dazzling air of luxury and splendor. All of our natural diamonds are ethically sourced, and all diamonds of engagement rings are certified. If you need help with your 5-carat diamond engagement ring, contact us or book a free session.

Conclusion

Whether you want an engagement ring or a gift to your loved one, a 5-carat diamond ring is a showstopper for any occasion. Lumije offers a wide range of diamond sizes, shapes, cuts, and colors so you can find the ring best suited to your needs. With our diamond experts, you can custom make your dream ring without worrying much about how much a 5-carat diamond ring might cost you! Contact us for more information on customizing your dazzling diamond ring.