KRK Jewels Oval Diamond Engagement Ring Price Guide – Find Your Perfect Ring
When considering an oval diamond engagement ring, one of the most important factors to understand is pricing. At KRK Jewels, we believe that every couple deserves the perfect ring to symbolize their love, and we aim to provide you with the best value for your investment. This price guide will break down the factors that affect the cost of an oval diamond ring, from the quality of the diamond to the setting and metal options, helping you make an informed decision when purchasing your dream engagement ring.
What Affects the Price of an Oval Diamond Ring?
Several key factors determine the price of an oval diamond ring. These include the carat weight, cut, color, clarity, the setting style, and the metal type used for the band. Understanding these elements will give you a clearer idea of what to expect when shopping for your perfect ring.
1. Oval Diamond Quality
Carat Weight: The size of the diamond directly affects its price. Larger diamonds generally cost more. For example, a 1-carat oval diamond may cost anywhere from $2,000 to $8,000, depending on the quality of the stone. As the carat weight increases, the price can climb significantly, with 2-carat oval diamonds ranging from $8,000 to $20,000 or more.
Cut: The cut of the diamond determines how well the diamond reflects light, which influences its brilliance. An ideal or excellent cut will elevate the diamond's sparkle and value. Diamonds with a superior cut generally cost more, and you’ll want to make sure that the cut maximizes the beauty of your oval diamond.
Color: Diamond color is graded on a scale from D (colorless) to Z (light yellow or brown). For a round diamond, higher-grade colors (D-F) are more expensive, but with oval diamonds, slight variations in color may not be as noticeable, allowing you to find a high-quality diamond without paying a premium. A G-H graded diamond still offers excellent value while maintaining a beautiful appearance.
Clarity: The fewer inclusions a diamond has, the more valuable it is. Oval diamonds often mask minor imperfections due to their shape, so you might find a high-clarity diamond at a lower price than other shapes of the same quality. Expect to pay more for diamonds rated VS1 or VVS2 clarity, though SI1 and SI2 clarity can offer excellent value.
2. The Ring Setting
The setting plays a key role in both the look and cost of your oval diamond ring. The style you choose will influence the final price. Common ring settings for oval diamonds include:
Solitaire Setting: A classic and timeless option, a solitaire setting allows the oval diamond to take center stage. It’s usually less expensive than more intricate settings, ranging from $500 to $2,500 depending on the metal used for the band.
Halo Setting: The oval diamond is surrounded by smaller diamonds in a halo setting, creating a sparkling effect and making the center stone appear larger. This style adds to the cost of the ring, typically adding $1,000 to $4,000 to the total price.
Three-Stone Setting: Featuring two smaller diamonds flanking the center oval stone, the three-stone setting symbolizes the past, present, and future of your relationship. This style increases the cost, with additional diamonds adding $1,000 to $3,000.
Pavé or Channel Setting: Small diamonds set into the band enhance the sparkle of the ring. This design can raise the price by $1,000 to $4,000, depending on the number of diamonds and the intricacy of the setting.
3. The Metal Choice
The metal used for the band is another factor in determining the price of an oval diamond ring. Some of the most popular metals include:
White Gold: A durable and affordable option, white gold bands typically range from $500 to $2,500. It is a classic choice that complements the sparkle of the diamond.
Yellow Gold: Classic and warm, yellow gold offers a traditional option for your oval diamond ring. Prices range from $500 to $2,500, depending on the karat and design.
Rose Gold: Known for its romantic, warm hue, rose gold has become increasingly popular in recent years. Prices for rose gold bands typically range from $500 to $2,500.
Platinum: The most luxurious and durable metal, platinum is ideal for an engagement ring, especially for those who want a ring that will stand the test of time. Platinum bands generally start around $1,000 and can go up to $4,000 or more.
4. The Total Price of an Oval Diamond Ring
Now that we've broken down the individual components, here's a general price range for an oval diamond engagement ring:
Lower-End Price: A 1-carat oval diamond in a simple solitaire setting with a 14k white gold band can start at approximately $3,000 to $5,000.
Mid-Range Price: A 1.5-carat oval diamond in a halo setting with 18k white gold or platinum can cost anywhere from $6,000 to $12,000.
High-End Price: A larger 2-carat or more oval diamond with a high-quality cut, clarity, and color, set in platinum with a halo or three-stone design, can cost anywhere from $15,000 to $30,000 or more.
Why Choose KRK Jewels for Your Oval Diamond Ring?
At KRK Jewels, we specialize in creating exquisite oval diamond engagement rings that reflect your unique style and love story. Our team of expert jewelers is committed to crafting high-quality rings with exceptional diamonds and metals, offering you a wide range of designs and customization options.
We understand that buying an engagement ring is a significant investment, and we are here to guide you through every step of the process. From selecting the perfect oval diamond to choosing a setting and metal that suits your taste, KRK Jewels is dedicated to helping you find the ring of your dreams at a price that fits your budget.
Conclusion
The price of an oval diamond ring can vary greatly based on several factors, but with KRK Jewels, you are guaranteed to find an engagement ring that combines exceptional quality, stunning design, and great value. Whether you're looking for a classic solitaire or a glamorous halo design, we have something for every couple and every budget. Let us help you celebrate your love with an unforgettable oval diamond engagement ring.
