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2 carat oval diamond ring Buying Guide

Our guide will teach you how to pocket an extra $27,992.
Take a look at this guide if you want to get the most out of your purchase of a 2 carat oval diamond ring. We'll show you what is worth spending more on and what is not, and we'll give you insider information on where to buy that amazing ring, or maybe even a better one.
Ready to buy without the learning curve?
Find the best deals on 2 carat oval diamond rings from top online stores. Check out our carefully selected options below. These links will help you find the best prices for the highest quality diamonds.

Diamond Price Guide Overview
8 buying lessons - 5-10 min total read time

Discover the lowest cost for the best quality 2 carat oval diamond ring.

In the upcoming lessons, you will learn how to acquire a bigger, shiny 2 carat oval diamond ring without breaking the bank. Additionally, we'll provide tips on maximizing your budget and avoiding being deceived by diamond companies.
Average Price
$16,023.51
Price Range
$4,790-$39,780
Our Max Savings
$27,992
Lessons 1-4  ∴  Save Money 
Lessons 4 & 5  ∶  Spend Money 
Lessons 6-8  ∴  Personalize & Decide 
⤫ 40% Cash Savings

Lesson 1

Buying Online

Purchasing a diamond ring online can help you save a significant amount of money. Physical retail stores often mark up prices by around 40% and typically have a limited selection available.
$19,460 Cash Savings

Lesson 2

Clarity

Our clarity tips can assist you in reducing diamond ring expenses by 50%. We are dedicated to educating you on effective money-saving techniques.
$4,420 Cash Savings

Lesson 3

Color

The color of a diamond has a big impact on its price. We're here to help you understand how and when you can use this factor to save money.
⤫ 85% Cash Savings

Lesson 8

Lab Grown

You can save up to 85% on a 2 carat oval diamond ring by choosing a lab-grown one, but remember, you most likely won't be able to sell it later.
☺ Spend Money

Lesson 4

Carat Weight / Size

Typically, women prefer a diamond that appears bigger, so that's where you should focus your budget. We can help you achieve a larger size while also finding savings in other areas.
☺ Spend Money

Lesson 5

Cut, Sparkle & Brilliance

The diamond's cut is the most important factor in its overall appearance. It's not the place to cut corners and save money, as it is what gives the diamond its sparkle and distinctive charm.
≔ Personalize

Lesson 6

Shapes

Every shape gives a diamond ring a different look and how it reflects light. We will demonstrate the one-of-a-kind appearance and shimmer of each shape.
≔ Personalize

Lesson 7

Setting / Band

If you opt for a single stone band, you'll save money and your diamond will appear bigger. However, it's important to remember that personal preference also plays a role in making this decision.

Lesson 1 - Buy Online
Up to 40% savings here

Buy your 2-carat oval diamond ring online and instantly save up to 40% on the price.

Looking for a clever way to purchase your engagement ring? Give online shopping a shot! You can score savings of up to 40% at popular stores like Blue Nile and James Allen, in comparison to brick-and-mortar retailers. Plus, you'll have access to a wider range of options and greater customization choices. It's a win-win situation! Get the ring of your dreams at a price that will make you smile.

To start creating the most affordable and valuable 2 carat oval diamond ring right away, simply click on the 'shop now' links below!

Excited to go shopping? Our links will help you find the best deals on high-quality diamonds from trusted online retailers.

Our Money Saving Links

Watch us compare pricing with retail stores and our favorite online brands

Ease of Use
Pricing
Selection
Customer Service
Best overall experience, great selection, 24/7 customer support
Ease of Use
Pricing
Selection
Customer Service
Another excellent website for very well priced diamond rings.
Ease of Use
Pricing
Selection
Customer Service
They focus on ethically sourced diamonds. Best option for karma free rings
Ease of Use
Pricing
Selection
Customer Service
They focus on ethically sourced diamonds. Best option for karma free rings
Ease of Use
Pricing
Selection
Customer Service
Mostly here to show you how retail companies are not high quality. 

Lesson 2 - Clarity

The pricing of a 2 carat oval diamond ring is primarily influenced by the clarity of the diamond

⊗ Up to $26,961 savings with these tips
Watch us save thousands of dollars by simply selecting the right clarity range.

What is Clarity?

When we talk about clarity, we're basically talking about any imperfections in a diamond. However, it's important to emphasize that most of these flaws can only be seen when the diamond is magnified 10 times. The terms "Flawless" (FL) and "included" (I) are used to describe the range of diamond clarity. But you'll also come across terms like VS1 (Very Slightly Included), VS2, and SI1 (Slightly Included). These grades indicate that there may be some defects in the diamond, but they can only be seen with a 10x magnifying glass. To the naked eye, these diamonds usually look perfect, so no one will notice any flaws when they admire your ring!

Optimal Clarity Range for a 2 carat oval diamond ring

Choosing a diamond in the VS2-SI1 clarity range for your 2 carat oval diamond ring can result in significant savings, possibly reducing the total price by as much as $26,961. We suggest considering the VS2 clarity grade, as it offers a good balance between price and clarity. However, it is important not to disregard SI1 diamonds, as with a short time spent browsing through options, you can discover diamonds that appear nearly flawless.

One more important tip! Always avoid "cloudy"

This one is simple. Always avoid cloudy diamonds found in the GIA certificate. This is the one flaw that really matters for brilliance. 
☆ These diamonds have identical carat, cut, & color 
Not Recommended
Go with this clarity
FL
IF
VVS1
VVS2
VS1
VS2
SI1
‹ drag left or right ›

FL - Flawless

Cost - $43,758 This diamond is absolutely flawless, without any imperfections at all. However, considering the cost, it's extremely expensive. Savings - You could save $23,440 - $31,423 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

IF - Internally Flawless

Cost - $39,780 This diamond is internally flawless, which means it is clear on the inside. However, it may have some imperfections on the outer surface. This is also excessive. Savings - You could save $19,462 - $27,445 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

VVS1

Cost - $32,800 This diamond is almost perfect, but when you take into account the cost, it's still excessively expensive. Savings - You could save $12,482 - $20,465 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

VVS2

Cost - $25,850 These diamonds are incredibly beautiful, but we still recommend choosing ones with slightly less clarity. Savings - You could save $5,532 - $13,515 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

VS1 - Very Slightly Included

Cost - $23,229 If you come across an amazing deal on a VS1 diamond, that's really great. However, the upcoming clarity grades are known to offer the best combination of affordability and value. Savings - You could save $2,911 - $10,894 with a VS2, SI1, or SI2 diamond

‹ drag left or right ›

VS2 - Very Slightly Included

Cost: $20,318 Total Savings: $2,911 - $19,462 If you're looking for a diamond that is both high in quality and affordable, this clarity level is your best choice. These diamonds will look completely flawless to the human eye because any imperfections cannot be seen.
‹ drag left or right ›

SI1 - Slightly Included

Cost: $16,797 Total Savings: $6,432 - $22,983 This diamond clarity offers the best value. However, it's important to note that not all SI1 diamonds are equal. While some may not meet your standards, many are exceptionally beautiful and can easily be mistaken for a higher grade like VS2.

Lesson 3 - Color

The cost of a 2 carat oval diamond ring is heavily impacted by the chosen diamond's color.

⊗ Up to $6,251 savings with these tips
Watch us save thousands by purchasing diamonds in the right range

What is Color?

Diamonds can have a yellowish hue or no color at all. The Gemological Institute of America (GIA) grades diamond color on a scale from D (no color) to Z (yellow or brown). When it comes to jewelry, diamonds typically fall in the G-H range, meaning they have a slight color. This color is only noticeable when compared to higher-graded diamonds like those in the D, E, or F range. While larger diamonds may show color more prominently, an oval diamond in the G-H range will still appear almost colorless and won't be as expensive as a D-grade diamond, which is completely colorless.

Optimal Color Range For A 2 Carat Oval Diamond Ring

Selecting a 2 carat oval diamond ring can be a wise choice for those seeking a larger and more prominent centerpiece. Rather than opting for premium prices associated with higher color grades like D-F, consider a diamond in the G-J range. This decision can not only result in a stunning piece but also save you a significant amount of money, potentially up to $6,251, in addition to any savings made by making informed choices on clarity.
Clearest Color
Best Value
Sometimes Ok
D
E
F
G
H
I
J
< drag left or right >

D color

Cost - $20,156 This diamond is colorless, meaning it has no hints of yellow, you can find these at a good price, but it is not as common. Savings - You could save $3,415 - $4,419 with a G or H colored diamond
‹ drag left or right ›

E color

Cost - $18,947 An E color diamond is a rare, colorless gem of exceptional beauty and value. You can sometimes find them at a great price. Savings - You could save $2,205 - $3,210 with a G or H colored diamond
‹ drag left or right ›

F color

Cost - $17,810 These are near-colorless with only slight traces of color, making it an attractive choice. You'd really have to look closely to figure it out Savings - You could save $1,069 - $2,073 with a G or H colored diamond
‹ drag left or right ›

G color

Cost - $16,742 These are near-colorless with only slight traces of color, making it an attractive choice for it's quality and price. You'd really have to look closely to notice any color Savings - You could save $1,004 with an H colored diamond
‹ drag left or right ›

H color

Cost - $15,737 Total Savings: $1,004 - $4,419 These are near-colorless with only slightly more noticable hint of color, further making it an attractive choice for it's quality and price. You'd need to have a trained eye to see the color flaw in this one without having a colorless diamond next to it.
‹ drag left or right ›

I color

Cost - $14,793 Total Savings: $1,949 - $5,364 These begin to have a bit more noticable hint of color especially when next to colorless diamonds. These still have unnoticable color if placed on a solitaire ring, but we do not recommend these on a halo ring.
‹ drag left or right ›

J color

Cost - $13,905 Total Savings: $2,836 - $6,251 These also have a slightly more noticable hint of color especially when next to colorless diamonds. These still have unnoticable color if placed on a solitaire ring, but we do not recommend these on a halo ring.

Lab Grown Diamonds

Lab grown diamonds can often cut prices in half and no one will ever notice the difference. 

Lesson 4 - Lab Grown
Save up to 85% on your diamond ring.

Save Thousands on Your 2 Carat Oval Diamond Ring with Lab Grown Diamonds.

Lab-grown diamonds are incredibly attractive because they look just like natural diamonds, even though they are made in a lab. What makes them even more appealing is that the way they are produced is environmentally friendly and morally responsible. On top of that, lab-grown diamonds are significantly more affordable than natural diamonds, with prices that can be up to 85% lower.

If you ever decide to sell your 2 carat oval diamond ring, choosing a lab-grown diamond can help minimize your financial loss.

Selecting a 2 carat oval diamond ring can be a wise choice for those seeking a larger and more prominent centerpiece. Rather than opting for premium prices associated with higher color grades like D-F, consider a diamond in the G-J range. This decision can not only result in a stunning piece but also save you a significant amount of money, potentially up to $6,251, in addition to any savings made by making informed choices on clarity.
Explore Lab Grown 

Lesson 5 - Carat / Size

When searching for your diamond ring, the main factor to consider is the carat size.

Why is Carat Important?

Imagine a diamond ring for a moment. What stands out the most? It's definitely the size of the main diamond! Women agree on this - surveys show that size is the most important factor. That's why our budget recommendation is straightforward: pay attention to the carat weight, which directly determines the size.
Watch us compare sizes and help you visualize what you want. 

When you're looking to buy a 2 carat oval diamond ring, aim for this carat range.

We recommend checking out diamonds ranging from 1.8 to 2.2 carats. You'll find a variety of prices without a significant increase in size.
Hand Diamond

1 carat

Explore More Diamond Weights

Lesson 6 - Cut

Always consider the cut of the diamond as it determines its sparkle. When buying your 2 carat oval diamond ring, go for an ideal or excellent cut.

Find out why cut makes diamonds sparkle and why you want ideal or excellent cut diamonds.

What is Cut?

When you're looking for a remarkable diamond, you have to consider the cut. The cut is extremely important in determining the quality of the diamond's sparkle and brilliance because it involves the precise shaping of all the facets.

The behind-the-scenes truth about diamonds

You might think that an 'Ideal' cut diamond, which is famous for its perfectly sparkly appearance, is always the most expensive. Well, it turns out that this assumption isn't always accurate. Surprisingly enough, a 'Fair' cut diamond with the same carat, color, and clarity can sometimes be even pricier. It might sound strange, but poorly cut diamonds can actually appear larger while lacking that desired sparkle and brilliance. A diamond without any sparkle is just like a guitar without any strings.

Keep this in mind: go for GIA Certified Excellent Cut Diamonds (sometimes referred to as "Ideal" Cut).


Never Buy These
Definitely Buy These
Fair
Good
Very Good
Ideal
Excellent
‹ drag for sparkle ›

Fair Cut Diamond

Look at that dull sparkle... not much to write home about. Stay away from these.
‹ drag for sparkle ›

Good Cut

Still pretty bland in the sparkle area... stay away from these. 
‹ drag for sparkle ›

Very Good Cut

Getting better, but you don't save much money to  
‹ drag for sparkle ›

Ideal Cut

The is as low as you should go
‹ drag for sparkle ›

Excellent Cut

Blue Nile calls it Astor, James Allen calls it True Hearts, and Brilliant Earth calls it Truly Brilliant. 

Regardless, excellent cut diamonds have incredible sparkle.

Lesson 7 - Shape

Some diamond shapes are more sparkly & some make 2 carat oval diamond rings look more expensive.

What is Diamond Shape?

The style of a diamond is represented by its shape, such as round, oval, and many others. Different shapes have different effects, some can make a diamond appear larger, while others have more sparkle and a timeless charm. Take a look at our shape tool in this section, where you can explore a wide range of 2 carat diamond rings with various shapes.

What shape to choose?

When it comes to choosing a diamond, some shapes can make it look bigger, and certain shapes are trendy right now. But what really matters is what you personally love and what brings you joy. If you can't decide, go for a brilliant cut diamond, which includes shapes like Round, Marquise, Princess, Cushion, Oval, Pear, and Radiant. Round is the most popular, but Oval and Marquise have the power to make the diamond look larger even with the same weight.
Watch us compare shapes so you can see exactly what style you prefer. 

Explore other diamond shapes

Try out different diamonds

Hand Diamond
Round
Marquise
Princess
Emerald
Cushion
Oval
Pear
Asscher
Radiant
Heart

Lesson 8 - Setting

The appearance of a 2 carat oval diamond ring can vary greatly depending on the brand.

What is setting?

Often called the band, the part of the diamond ring that is highlighted is the gold portion. Typically, these bands are crafted from gold and are available in various hues such as white, yellow, or rose gold. Alternatively, you may consider selecting a platinum band if desired. The setting greatly influences the overall look of your 2 carat oval diamond ring and plays a crucial role. It presents an opportunity to showcase your personal style. We have compiled the top three settings that are frequently favored by many individuals. Regardless of your choice, it is advisable to opt for 14k gold. Continue reading to comprehend the reasons behind this recommendation.
The setting or band is really important for making your diamond look bigger and better. 

Make sure that the band of your ring is made of 14 karat gold.

Here's a crucial rule to follow. Avoid choosing 18k or 24k gold for your setting. It's better to opt for 14k gold. Despite 18k and 24k gold being more pure, they are considerably softer and prone to bending. If the setting that secures your valuable diamond bends excessively, the chance of the diamond becoming loose and falling out rises significantly. Numerous individuals have faced this issue.

Solitaire Ring - A Thin Band Makes Your Diamond Appear Bigger.

According to polling, a sizeable diamond is on most women's wish list. Enhance the visual impact of a 2 carat oval diamond ring with a Solitaire setting that features a slender, delicate band. The contrast between the smaller band and the grand diamond can simulate the appearance of a larger stone. For an additional effect, opt for settings that use tiny accent diamonds along the band, adding to the ring's beauty without pulling focus from the centerpiece diamond.

Halo: Enhance Your Diamond's Size with Small Diamonds

A different way to enhance the appearance of your 2 carat oval diamond ring is to opt for a halo setting. This particular style showcases smaller diamonds encircling the centerpiece gem, giving it a brighter and more expansive look. To achieve an even more noticeable effect, you could consider a double halo setting. When combined with a slim band, this setting can make a smaller diamond appear considerably bigger, creating the illusion of a more extravagant ring.

The main diamond should be the focal point.

Most ladies prefer a diamond that looks pretty big. If your ring's design is too fancy or wide, it might take attention away from the diamond and make it appear smaller. If your main focus is a 2-carat oval diamond ring, a simpler band might be the better choice. However, if you prioritize the overall design of the ring, a fancier band might be the one for you. Just remember, this could draw attention away from the diamond.

Build a Custom 2 carat oval diamond ring Starting with Our Curated Diamond Selections For The Best Deals

Creating your own custom jewelry is a one-of-a-kind project that allows you to design a piece that truly reflects your personal style and character. What's even better is that it's more affordable than buying from a store. With top brands like Brilliant Earth, James Allen, and Blue Nile at your disposal, you have the ability to customize every aspect of your ring, such as the diamond's shape and the style of the band.
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Watch us take you through the entire building process on our favorite websites.

Protect your diamond ring by purchasing it online through one of our trusted partners. Each link will lead you to the best deal available.

We've collaborated with all the brands, and each Shop Now link is set up to find you the best price for the highest quality diamonds. To put it simply, it provides you with our exact settings on each website to discover the best deals for your needs. Take advantage of a wide selection, personalized rings, and exceptional customer support.

Our Money Saving Links

Watch us compare pricing with retail stores and our favorite online brands

Ease of Use
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Customer Service
Best overall experience, great selection, 24/7 customer support
Ease of Use
Pricing
Selection
Customer Service
Another excellent website for very well priced diamond rings.
Ease of Use
Pricing
Selection
Customer Service
They focus on ethically sourced diamonds. Best option for karma free rings
Ease of Use
Pricing
Selection
Customer Service
They focus on ethically sourced diamonds. Best option for karma free rings
Ease of Use
Pricing
Selection
Customer Service
Mostly here to show you how retail companies are not high quality. 

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Frequently Asked

Did you want to know even more? Wow you're a great student!

How much is a 2 carat oval diamond ring worth?

A 2 carat oval diamond ring is worth an average price of $16,000, with a price range between $4,790 and $39,780.

How big is a 2 carat oval diamond ring?

A 2 carat oval diamond ring has a length of 9.5mm and a width of 7.5mm. This size is slightly smaller than a 2.5 carat oval diamond ring, which has a length of 10.1mm and a width of 8.1mm. On the other hand, it is slightly larger than a 1.5 carat oval diamond ring, which has a length of 8.9mm and a width of 7.1mm.

What does a 2 carat oval diamond ring look like like on a hand?

A 2-carat oval diamond ring on a hand has a length of 10.5mm and a width of 8.5mm. It covers approximately 50.2% of the finger's width, giving it a visually appealing appearance.

What is the price of a 2 carat oval diamond ring?

The price of a 2 carat oval diamond ring ranges from $4,790 to $39,780.

Is a 2 carat oval diamond ring good enough?

Yes, a 2 carat oval diamond ring can be considered good enough. Oval diamonds are known for their elegant and elongated shape, which can create a flattering and eye-catching appearance on the finger. Additionally, a 2 carat diamond is a substantial size and can provide a significant amount of sparkle and brilliance. However, the overall quality and beauty of the diamond will also depend on factors such as its cut, clarity, and craftsmanship in the ring setting.

Is a 2 carat oval diamond ring big?

Yes, a 2 carat oval diamond ring is considered big. Oval diamond rings typically have a larger appearance compared to other diamond shapes. The average carat weight for a diamond engagement ring is about 1.2 carats, so a 2 carat oval diamond is significantly larger. It will definitely catch people's attention and make a statement on your finger. However, it's important to note that personal preferences vary, and what may be considered big to some may not be to others.

What does a 2 carat oval diamond ring weigh?

A 2 carat oval diamond ring weighs 0.4 grams.

Should I get a 2 carat oval diamond ring?

A 2 carat oval diamond ring is a popular choice for its elegant shape, versatility, and timeless beauty.

Is a 2 carat oval diamond ring too big?

A 2 carat oval diamond ring is not considered too big. Oval diamonds are known for their elongated shape, which can make them appear larger than other diamond shapes of the same carat weight. However, a 2 carat oval diamond is still within a reasonable size range and is often chosen for its elegance and brilliance.

Is a 2 carat oval diamond ring small?

A 2 carat oval diamond ring is not considered small. The size of the diamond will vary based on the shape and cut, but a 2 carat diamond is generally considered to be a good size and will appear larger on the finger.
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