Carat

Carat refers to a diamond’s weight. One carat, the traditional unit of measurement for diamonds, is approximately 0.2 grams. You may also hear the weight of a diamond referred to in points. One carat is equivalent to 100 points, so a 75-point diamond is equal to 0.75 carats. Because they are rarer, larger diamonds have greater value per carat, so the price of a diamond rises exponentially to its size.