Diamond Ring price in Bangladesh 2024

January 10, 2023

It is human nature to present oneself beautifully. People make themselves beautiful with ornaments. People like to adorn themselves with different types of gold ornaments to present themselves pleasingly and elegantly. For ages people have been using ornaments to enhance beauty. According to the demand of the people, many ornament shops have developed in our county. If you are a bride who already has her engagement ring, or you are waiting for one, or you are a groom planning to buy one, this information will help you a lot.

A diamond ring is one of the most popular pieces of jewelry in the world. Although there are many reasons why diamond rings are so valuable, three reasons stand out above the rest. The first reason is that diamonds are rare. In fact, diamonds are so rare that they are found in only a few places in the world. This makes them a valuable commodity, and people have been paying high prices for them for centuries.

Diamond Ring price in Bangladesh

Today, per carat diamond price in Bangladesh is 79,141.31 rupees, 50 mg diamond price in Bangladesh today is 1,884 rupees, 100 mg diamond price in Bangladesh today is 39,570.65 rupees, 150 mg diamond price in Bangladesh today is 59,59 rupees. Jewelery shops across Bangladesh buy and sell diamonds in grams, carats and milligrams. 1 gram of diamond is equal to 5 carats. 1 carat diamond equals 0.2 grams, 1/2 carat diamond equals 100 mg, 1/4 carat diamond equals 50 mg, 3/4 carat diamond equals 150 mg, 2 carat diamond equals 400 mg.

Why are Diamonds so Valuable?

Diamonds were formed billions of years ago and are extremely rare as very few are able to survive the arduous journey from the Earth’s crater to reach the Earth’s surface. Of the diamonds mined today, only 50 percent are considered high enough quality to sell on the market. Diamond rings symbolize trust, commitment, eternal partnership and love. Nowadays, love is celebrated vividly and passionately; So a diamond ring is the best bet.

Why do people love diamonds Rings so much?

These diamonds not only fascinate with their breathtaking beauty, but also tell the story of a passionate and glamorous life. After all, diamonds are simply beautiful. Their flash, fire and brilliance are breath taking and cannot fail to captivate those who fall for their spell.

How precious are diamonds Rings?

Interestingly, although diamonds are highly desirable, they do not hold much resale value. In fact, the average diamond is worth 20 to 40 percent of its original value when traded-in to local jewelers. Some parts of the world, gold is considered a form of currency, which is not true for diamonds. In this sense, gold can be worth more than diamonds.

How much does a diamond ring cost?

A diamond mine can cost upwards of $1 billion to develop and take up to 10 years to become fully productive after discovery. Then, mine operating costs can reach $100 million annually before salaries. And this is only the beginning. Miners have to process the rock and ore containing the diamond crystals. After that, they send the loose diamonds to the cutting center. Then skilled diamond cutters shape and polish the diamond before it goes to the jewelry store. Each step accumulates costs and contributes to the price you see in the showcase.