2 Carat Diamond Rings: Price and Buying Guide

For many customers, the purchase of a 2-carat diamond is a big moment. This can be a significant purchase both financially and emotionally and that is why it is so important to get it right. If you have ever seen a 2-carat diamond ‘in the flesh’ you will know that this is a dazzling weight that works perfectly for an engagement ring. Two-carat diamonds make a statement and this guide will help you to understand the ins and outs of quality in a diamond of this weight.
2 Carat Diamond Engagement Ring
2.108 Carat Diamond Engagement Ring

What is a 2-Carat Diamond?

Although people often speak of diamonds in terms of ‘size’, carat specifically refers to the weight of the diamond. One carat is equivalent to 200mg (5 carats in a gram).
The shape and cut quality of a diamond will affect how ‘big’ the diamond appears; for example, elongated diamond shapes such as pear or oval may appear larger than round brilliant diamonds, even when they are the same carat weight. Similarly, a beautifully cut diamond will carry the correct proportions to maximise light return, while a poorly cut diamond will compromise proportions resulting in a less brilliant, smaller looking diamond.
Diamond Size

How to Choose a 2 Carat Diamond Using the Four C’s

When it comes to choosing a 2-carat diamond, there are some key features that must be considered, and the Four C’s is an excellent place to start. Working closely with our customers, we understand that each individual has their own set of criteria and their own particular budget that they are working with. There is flexibility when choosing a 2-carat diamond, but there are also some ‘rules’ regarding quality that must be respected in order to find an attractive diamond.
Baffled by the basics? Use our Education pages to familiarize yourself with the Four C’s, or speak to a diamond expert using our live chat service.


Color is perhaps the most subjective of all the Four C’s and it is where we see our customers show the most flexibility. We carry diamonds from D-K in color and would be comfortable recommending any grades within this spectrum for a 2-carat diamond. Diamonds of J and lower may present a warm hue which some customers like, however they can be offset against a yellow or rose gold setting to give a whiter appearance. For a guaranteed, icy white sparkle anywhere from a D-H color is recommended, depending on your budget.
Diamond Colors from D to K
Diamond Color as seen from the side (click image to enlarge)


For two carat diamonds clarity, we recommend a VS2 or above. This grade ensures that the diamond is eye-clean and free of obstructive inclusions. We provide high-res diamond images and 360 videos for all of our in-house diamonds so you can thoroughly observe your diamond.
Simulated Diamond Clarity Grading Scale from FL to I3
Simulated Representation of the Diamond Clarity Scale


The cut will have the biggest impact upon your diamond in both beauty and price. We created our A CUT ABOVE® super-ideal cut diamonds to offer buyers the best of the best. Cut can be a complex matter – percentages, proportions and angles which all make a big difference to the appearance of a diamond. With our A CUT ABOVE® diamonds, the hard work has been done for you. A variety of advanced light performance reports and images are provided to prove it. Go for the best cut your budget will allow – it is an area of diamond quality where there is no room for compromise.

The Fifth C – Certification

Only consider diamonds that carry a GIA or AGS certificate. They are top tier internationally recognised laboratories that offer consistent and accurate grades.

I Want the Best 2 Carat Diamond

We pride ourselves on being able to accommodate all budgets, but for some the desire to simply have the best of the best outweighs everything else. Fortunately, we are familiar with working to this standard and we carry extraordinary diamonds to please even the most discerning diamond fanatics.
Our A CUT ABOVE® Collection Series represents the tiny fraction of precision-cut diamonds that carry perfect grades across the board. Considered ‘collectors’ quality’ these diamonds are the rarest and most beautiful in the world. You will notice a significant price increase between these diamonds and others that sit just below the highest grades – if you have the budget for it, our collection series diamonds are scarce beauties of incomparable sparkle and purity.

2 Carat Diamond Price

Within the recommended grades that we have outlined, the lower end of your budget for a 2.00ct diamond would be just shy of $14,000. This K-VS2 round brilliant diamond is part of our A CUT ABOVE® brand of super ideal-cut diamonds. The price ($13,862) is at the bottom of the price range for a 2.00ct diamond and this is largely due to the K color grade. However, make no mistake that this is a beautiful diamond. Certified Hearts and Arrows, eye-clean and a beautiful cut, the small trade off with color translates to a huge difference in price. You can read our full guide to K color diamonds here.
An example of a stunning diamond that sits in the middle of the budget spectrum would be this gorgeous H-VS1 round brilliant diamond. Even a diamond novice can observe the high-res image of this diamond and appreciate its precision and beauty. At $24,733 it has an impressive VS1 clarity grade and an H color grade, right in the middle of the ‘near colorless’ grade range.
Representing the top end of the budget is this exceptional F-VVS2 round brilliant at $38,061. This diamond is part of our Collection Series and is ideal for those looking for investment diamonds or simply desire the best of the best.
Differences in quality affect the price by tens of thousands of dollars. These three diamonds are all a fantastic cut and although they carry difference clarity and color grades, they are each beautiful in their own way. There is no such thing as a cheap diamond; if you find a 2-carat diamond with a drastically lower price, it is likely there are significant quality issues.

2 Carat Diamond Settings

A 2-carat diamond will stand alone in a classic solitaire like this Vatche Charis setting. Sleek lines and a simple backdrop will allow the diamond to take centre stage. Similarly, a 2-carat diamond is a significant size that can comfortably stand up to even the most ornate settings. This Tacori Ribbon Diamond setting features twirling ribbons and undulating crescents of diamond melee that would beautifully enhance the sparkle of your 2-carat diamond.
Quality is key in keeping your diamond secure. A well-made setting in a precious metal will hold your diamond securely for years to come, and our portfolio of experienced designers includes something to suit every style.

Be Inspired By Our Designer Engagement Rings

Find the perfect Designer Ring for your special diamond by clicking the links below, and let us build the ultimate ring for the love of your life!