As a renowned jewellry store in Delhi, The Nagi Jewellers is often asked by our discerning customers about the age-old debate: Platinum vs Diamond Jewelry. Which one is more costly? In this blog, we'll dive into the world of luxury jewelry and explore the intricacies of these two precious materials.

The Basics: Platinum vs Diamond

Before we dive into the cost aspect, let's quickly understand the basics of each material. Platinum is a rare and lustrous metal, often used in high-end jewelry due to its durability, strength, and resistance to corrosion. On the other hand, diamonds are the most prized gemstones, known for their exceptional hardness, brilliance, and fire.

The Cost Factor: Platinum vs Diamond

Now, let's get down to business. When it comes to the cost of jewelry, both platinum and diamond are extremely valuable. However, the cost of platinum jewelry is primarily driven by the metal's price, which can fluctuate depending on market conditions. In contrast, diamond jewelry is valued based on the 4Cs: carat weight, color, clarity, and cut.

Here's a rough estimate of the cost of platinum jewelry:

Platinum engagement rings: 30,000 to 50,000 
Platinum chains: 15,000 to 30,000 
Platinum earrings: 10,000 to 20,000 

And here's a rough estimate of the cost of diamond jewelry:

Diamond solitaire earrings (0.5 carats): 80,000 to 1.2 lakh 
Diamond engagement rings (1 carat): 1.5 lakh to 3 lakh 
Diamond necklaces (1 carat): 2 lakh to 5 lakh 

Why Diamond Jewelry is More Expensive?

While platinum jewelry is undeniably luxurious, diamond jewelry is often more expensive due to several factors:

Rarity: Diamonds are formed through a natural process that takes billions of years. This rarity contributes to their higher value.

Market demand: Diamonds are highly sought after due to their exceptional beauty and durability.

Certification: Diamonds are certified by reputable organizations like the Gemological Institute of America (GIA) or the International Gemological Institute (IGI), which adds to their value.

Cutting and polishing: Diamonds require extensive cutting and polishing to reveal their full brilliance and fire.

Conclusion

In conclusion, both platinum and diamond jewelry are incredibly valuable and coveted by jewelry enthusiasts around the world. While platinum jewelry is more affordable due to its market fluctuations, diamond jewelry is often more expensive due to its rarity, market demand, certification, and cutting and polishing process.

At The Nagi Jewellers, we understand the importance of choosing the right jewelry that reflects your personal style and budget. Our expert team will guide you through our extensive collection of platinum and diamond jewelry to help you find the perfect piece that suits your taste. You Can also Browse our Finest Collection of Jewellery Online at our Website thenagijewellers.com.