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Are Diamond Jewels Expensive ?

Writer's picture: Diamond's GuruDiamond's Guru



Demystifying the notion that diamond jewels are expensive.

There’s a general belief among jewellers that buyers of diamond jewellery are well-heeled and can absorb exorbitant prices. We at Orlov Diamond Jewellery, however, think otherwise. Since our intention is not on profits alone, we aim to make diamond jewellery very affordable and at fair prices by keeping our margins as low as possible.

A comparative illustration of diamond prices between ORLOVE DIAMONDS and the market Factual illustration based on average market price. Gross weight of the diamond jewel – 2.10 grams Weight of the diamond stones in the jewel – 0.10 grams (0.50 cents)

MARKET PRICE

PRICE

​Net weight of the jewel x 18 karat Gold rate : 2.0 x Rs.3813

₹ 7,626.00

Diamond weight (in carat) x Diamond rate per carat : 0.5 x 99000 (VVS EF)

₹ 49,500.00

M.C of Rs.1650/gram on Nett weight : 2 x Rs.1650

₹ 3,300.00

[23% Wastage ] x 18 karat Gold rate : [0.46 ] x Rs.3813

₹ 1,753.98

Total Price

₹ 62,179.98


ORLOV JEWELLERY

PRICE

Net weight of the jewel x 18 karat Gold rate : 2.0 x Rs.3813

₹ 7,626.00

Diamond weight (in carat) x Diamond rate per carat : 0.50 x 66000 (VVS EF)

₹ 33,000.00

V.A. charges of Rs.825/gram on Nett weight : 2.0 x Rs.825

₹ 1,650.00

VA = Value Addition = Wastage + Making Charges

Total Price

₹ 42,276.00

Price Difference in Percentage from the MARKET

32%

A price difference of roughly 32% even while buying a small diamond ring worth less than Forty-five thousand rupees ! So, you can imagine how much the difference will be, when you buy bigger diamond ornaments worth lakhs of rupees !

 
 
 

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