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Diamond Trade 

Diamonds are sold by the carat (shown as ct.), which is actually a unit of weight, though most think of a carat in terms of size. The word "carat" comes from the "carob" seed, the original unit of measure for diamond traders. Today, a carat is equal to exactly 0.2 grams (about the weight of a paper clip). Carat weight is unrelated to the similar sounding karat, which refers to gold's purity.

 

As the carat size of a diamond increases, the diamond's price increases at an increasing rate. Why? Because the larger the diamond, the more increasingly rare it is. Fewer than one in one million mined rough stones are large enough to produce a finished 1 carat diamond. So, as carat weight increases, you will typically pay more not only in total, but on a price-per-carat basis as well. The table below illustrates the typical relationship between diamonds of equal quality and increasing carat weights:

 

The table below illustrates the typical relationship between diamonds of equal quality and increasing carat weights:

DIAMOND CARAT SIZE CHART

Even though the price of a diamond increases exponentially with the carat weight, the actual size does not. The table below illustrates the typical size relationship between diamonds of increasing carat weights. Note that when carat weight triples (from 1 to 3 carats), perceived size (represented in the images below) roughly triples as well, however the diameter increases only 45% (from 6.50 to 9.40), and crown area (the surface area visible when the diamond is set) slightly more than doubles.

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GTIC is now in the final stages to expand its Gold Mining in Liberia. Sanctioned by the government of Liberia GTIC will be fully supported & have a full leverage in carrying out its projects. In the blue print GTIC will set up a Gold Refinery in Liberia which will be the first of its kind there.

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