Oval cut diamond engagement ring on woman's hand

Are Oval Diamonds More Expensive?

Sometimes, just the shape of a diamond can increase the price. But in the case of oval diamonds, they're one of the more affordable diamond cuts. Oval cut diamonds are a beautiful choice that will accentuate her hands and style. 

Our team at Mark Broumand can help you understand how oval cut diamond engagement rings are priced and help you find the perfect diamond for your girlfriend. 

How Much does an Oval Diamond Cost?

The price of an oval-cut diamond engagement ring can vary, so there's no exact cost. But oval cut diamonds actually cost less than a round cut diamond with the same carat weight. 

Due to this cost cut, it's a great shape to buy if you're on a tighter budget but still want your girlfriend to be enamored by the ring. When you choose an oval cut, you still get a beautiful diamond that’s larger than the more expensive round cut.

How do the 4Cs Impact Diamond Pricing?

When understanding diamond pricing, the 4Cs play a significant role. The 4Cs refer to a diamond's cut, color, clarity, and carat weight. Each of these factors contributes to a diamond's overall beauty, rarity, and value. Let's explore how each of the 4Cs influences diamond pricing:


Diamond cut relates to the precision with which a diamond is shaped and faceted. A skillfully cut diamond efficiently reflects light, resulting in a dazzling display of sparkle and brilliance. Diamonds with excellent or ideal cuts are highly coveted, as they possess exceptional beauty and value, commanding elevated prices in the market.

Another reason the oval cut is more affordable is that it's efficient. When cut, more of the rough diamond remains, making it less expensive to produce this type of cut. Up to 40% of the rough diamond is wasted in a round cut.


Diamonds undergo grading on a scale that spans from D (colorless) to Z (light yellow or brown). The proximity of a diamond to colorless determines its rarity and value. Generally, colorless diamonds (grades D-F) are priced higher compared to those that are near colorless (grades G-J). However, it's important to note that fancy-colored diamonds have distinct pricing factors to consider.


Clarity pertains to the presence of internal or external imperfections, referred to as inclusions and blemishes. The clarity grade spans from Flawless (no visible inclusions or blemishes under magnification) to Included (inclusions visible to the naked eye). Diamonds with superior clarity grades are more uncommon and hold greater value, resulting in elevated prices.

Carat Weight

The carat weight of a diamond quantifies its size or mass. Generally, larger diamonds are both scarce and desirable, resulting in a higher price per carat. 

However, you should understand that carat weight alone does not dictate the overall value of a diamond. The other factors known as the 4Cs cut, color, and clarity also exert a significant influence on pricing.

What Settings of Oval Diamonds does Mark Broumand Offer?

As an accessible luxury jeweler, we offer a wide range of oval diamond engagement rings. We have oval diamond engagement rings from as low as $5,000 that are stunning. 

We have oval cut diamonds in different settings you can choose from to show off the diamond. We take custom orders, which allows you to customize every aspect of your ring. For settings of an oval diamond ring, we offer:

  • Halo: A halo setting encircles the oval diamond with a border of smaller diamonds or gemstones, enhancing its size and adding extra sparkle. This setting adds a touch of glamor and creates a stunning focal point.
  • Side stones: A side stone setting features smaller diamonds or gemstones that flank the sides of the center oval diamond, creating a symphony of sparkle and enhancing its overall beauty.
  • Signature solitaires: A classic and timeless choice, a solitaire setting showcases the oval diamond's beauty with minimal distractions, allowing it to take center stage and shine brilliantly.
  • Three stone: In a three-stone setting, two smaller gemstones flank the oval diamond, symbolizing the past, present, and future. This setting adds depth and significance to the ring while highlighting the oval diamond's elegance.

What Metal Should You Pick for an Oval Diamond Engagement Ring?

We offer platinum, white gold, rose gold, and yellow gold metals for our engagement rings. However, deciding which one to choose can be a tricky task. To decide which metal you should pick there are a few factors you can use to determine the best metal: 

Diamond Color

The oval-cut diamond is going to be the center of attention; so you want to find a metal that complements  it. If the diamond is warmer in color, you could consider choosing a yellow-gold setting so the diamond doesn't look as yellow-toned.

For more colorless diamonds, choose a platinum or white gold metal band. This will make the diamond appear more brilliant as no color will be reflecting through from the setting.

In unique cases, you might have a brown diamond, which can be a stunning choice. A rose gold band can be a lovely choice for brown diamonds to enhance and embrace the diamond color.


Another factor that can help you choose which metal is right for your girlfriend's engagement ring is her lifestyle. A platinum band is your go-to choice if she has an active lifestyle or a job where her ring could get damaged. Platinum is durable and will securely hold the oval-cut diamond in place for a lifetime. 

A yellow gold, white gold, or rose gold metal for the band will be great if she has a more laid-back lifestyle. However, it's important to remember that regardless of your choice, each of these metals will require regular maintenance.

Discover Our Affordable Oval Diamonds Today

At Mark Broumand, we can help you find the perfect oval cut engagement ring to propose to your girlfriend. You can choose from one of our already custom rings or create your own with our design process. Contact us for a quote or a custom request today.