A carat is equivalent to 0.2 grams or 200 milligrams. Carat weight is the most important factor in determining the weight of a diamond. Larger diamonds are unquestionably more expensive. When compared to milligrams, carat simplifies the expression of diamond weight. Rather than assigning three labels to diamonds weighing 20 milligrams, 211 milligrams, and 220 milligrams, carat provides a category for fitting the diamonds into a single category, placing these diamonds in the one-carat range.

It is important to remember that a high carat weight does not always imply a larger-looking diamond. Even diamonds of the same weight can differ due to other factors, particularly cut, which influences perceived size. Large diamonds are rare and in high demand when compared to small diamonds of the same quality. A one-carat solitaire diamond ring is more expensive than a ring with smaller diamonds totaling the same carat weight. Diamond comparison is ineffective unless you compare diamonds with similar characteristics and qualities. When comparing the prices of different diamonds, divide the cost of each diamond by its carat weight and then calculate the price per carat.

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