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0.7 Carat Natural Oval Diamond Prices

Fair Market Price:
$1,210
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Best Deal:
-42% $700
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Current Market Range:
$1,080 – $1,420
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Today's Recommendation

Excellent time to buy

High confidence · Based on 695 diamonds

Prices are 41% lower than last year, and we're seeing more great-value diamonds than usual.

Why?
  • ✓ Prices fell 41% vs. last year
  • 26.5% of listings checked qualify as strong deals
  • 116% more diamonds listed than a year ago

0.7 Carat Oval Price History

Price index for natural oval diamonds moved −41.1% over the past year.

1 month −1.9%
1 year −41.1%
16 months −26.1%
Mar 2025 302 days measured of 515 · G–H colour, VS1–VS2 clarity Aug 2026

The Diamond Price Index tracks the median asking price of every comparable natural oval diamond listed each day, indexed to 100 at the start. It shows how the market has moved; for what a stone costs today, see the fair market price above.

Best 0.7 carat oval deals right now

Based on 500,000+ diamonds tracked in real time · How we compute fair prices

Oval engagement rings

0.7 Carat Diamond Prices Table

Below are the current 0.7 carat natural diamond prices for the most popular diamond shapes. Each price is the median of the diamonds listed right now at this size and quality band. Click a shape for detail.

Shape Typical price range vs Round Live stones
Cushion
0.7ct Cushion
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$810 – $940 ▼ 42% less than round 280
Asscher
0.7ct Asscher
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$840 – $970 ▼ 40% less than round 590
Princess
0.7ct Princess
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$950 – $1,150 ▼ 30% less than round 312
Heart
0.7ct Heart
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$980 – $1,230 ▼ 26% less than round 463
Emerald
0.7ct Emerald
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$1,040 – $1,260 ▼ 23% less than round 326
Oval
0.7ct Oval
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$1,150 – $1,380 ▼ 14% less than round 961
Radiant
0.7ct Radiant
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$1,080 – $1,510 ▼ 13% less than round 155
Pear
0.7ct Pear
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$1,330 – $1,580 ▼ 1% less than round 953
Round
0.7ct Round
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$1,260 – $1,680 Reference 2,065
Marquise
0.7ct Marquise
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$1,640 – $2,140 ▲ 28% more than round 149

Each figure is the median asking price of that shape’s live listings — not a like-for-like comparison between shapes. Cut grade is the biggest single driver of a diamond’s price, and our retailers don’t publish it, so we won’t tell you one shape is cheaper than another when we can’t hold cut constant.

About 0.7 Carat Oval Diamond Prices

The 0.7 carat oval diamond market represents one of the most popular segments in the diamond industry. Prices vary significantly based on the 4Cs: cut, color, clarity, and carat weight.

Why Track Oval Diamond Prices?

Diamond prices fluctuate based on market conditions, supply chains, and consumer demand. By understanding historical price trends, you can make informed purchasing decisions and find the best value for your budget.

What Affects 0.7 Carat Diamond Prices?

  • Cut Quality: Excellent cut diamonds command 15-25% premium over good cuts
  • Color Grade: D-F (colorless) diamonds are 30-50% more expensive than G-J grades
  • Clarity: FL-VS1 clarity grades can cost 40-60% more than VS2-SI1
  • Certification: GIA and AGS certified diamonds typically fetch higher prices

Buying Tips for 0.7 Carat Diamonds

When shopping for a 0.7 carat diamond, consider prioritizing cut quality over color or clarity for maximum brilliance. Many experts recommend G-H color and VS2-SI1 clarity for the best value without compromising visual appearance.

Frequently Asked Questions

The price of a 0.7 carat oval diamond varies significantly based on the 4Cs (cut, color, clarity, and carat). On average, you can expect to pay anywhere from $2,000 to $25,000+ depending on quality. Use our price index above to see current market prices.

0.7 carat is a popular choice for engagement rings, offering excellent visibility and presence on the finger. It strikes a balance between size and value, making it one of the most sought-after carat weights.

Diamond prices fluctuate based on market supply and demand, currency exchange rates, mining output, and consumer trends. Seasonal factors like engagement season can also affect prices. Tracking historical prices helps you identify the best time to buy.

Both natural and lab-grown diamonds are genuine diamonds with identical physical properties. Lab-grown diamonds typically cost 40-60% less than natural diamonds of equivalent quality. Your choice depends on personal preference, budget, and values.

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