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Oval cut diamonds are generally less expensive than round brilliant cut diamonds of the same cut quality, colour, clarity, and carat weight. In fact, in our guide to diamond shapes and pricing, we compared the oval cut to the round brilliant cut and discovered that oval cut diamonds are approximately 28% less expensive per carat on average.

This is due to the oval cut utilising a greater portion of the rough diamond. Because less of the rough diamond is discarded during the cutting and polishing process, an oval cut can provide greater value for money (at least in terms of dollars per carat) than many other diamond shapes.