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7 carat oval diamond ring Buying Guide

Let our guide show you how to save a whopping $336,998.
We have created a guide that will help you maximize your money's worth when shopping for a 7-carat oval diamond ring. We will highlight areas where you shouldn't cut corners and where you can save money, and we will also direct you to the exact places where you can find your desired ring or potentially an even better one.
Don't want to learn, just want to shop?
We have collected the most appealing offers for 7 carat oval diamond rings from top online stores. Discover our curated selection in the linked section.

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

Lock in the best deal for the most exquisite 7 carat oval diamond ring.

In our upcoming lessons, we will show you how to save money and still get a bigger, more brilliant oval diamond ring weighing 7 carats. We will guide you on maximizing your budget and avoiding scams from diamond companies.
Average Price
$278,157.76
Price Range
$81,002-$610,746
Our Max Savings
$336,998
Lessons 1-4  ∴  Save Money 
Lessons 4 & 5  ∶  Spend Money 
Lessons 6-8  ∴  Personalize & Decide 
⤫ 40% Cash Savings

Lesson 1

Buying Online

Buying diamond rings online is a much more affordable option. Physical stores often increase the price by 40% and provide limited choices.
$25,110 Cash Savings

Lesson 2

Clarity

Our tips on clarity can help you cut diamond ring prices in half. We're here to assist you in saving a substantial amount.
$119,260 Cash Savings

Lesson 3

Color

The color of a diamond plays a big role in determining its price. We are here to help you understand how to use this information to your advantage and save money.
⤫ 85% Cash Savings

Lesson 8

Lab Grown

Lab-grown versions can save you up to 85% on a 7 carat oval diamond ring, but keep in mind that it may not have a high resale value.
☺ Spend Money

Lesson 4

Carat Weight / Size

Women tend to prefer larger diamonds, so that's where you should focus your spending. We can assist you in finding the best size while still saving money on other aspects.
☺ Spend Money

Lesson 5

Cut, Sparkle & Brilliance

The cut of a diamond is the most important factor that determines its appearance. It's not advisable to compromise on this aspect to save money because it is what gives the diamond its sparkle and brilliance.
≔ 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

A single band can help you save money and improve the look of your diamond, but it's important to remember that personal preference plays a role in this decision.

Lesson 1 - Buy Online
Up to 40% savings here

Order your 7-carat oval diamond ring online and save up to 40% instantly.

Think about this: finding the perfect item online. Websites like Blue Nile and James Allen sell diamonds at prices that are up to 40% lower than physical stores. However, it's not just about saving money. You also have access to a larger variety and the option to personalize your ring exactly how you want it.

Use the 'shop now' links below to begin designing a 7 carat oval diamond ring that is both affordable and of great quality!

If you're in a rush and eager to begin shopping, our links will take you straight to the top deals on high-quality diamonds from the most trusted online diamond stores.

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

If you're in the market for a 0.8 carat emerald cut diamond ring, remember that the diamond's clarity is the biggest factor in determining its price.

⊗ Up to $99,194 savings with these tips
Watch us save thousands of dollars by simply selecting the right clarity range.

What is Clarity?

In the world of diamonds, clarity refers to the presence of noticeable flaws. It's important to mention that these flaws are usually only visible when using a 10x magnifying glass. Diamond clarity is categorized from 'flawless' to 'included'. In the middle, you'll come across classifications like VS1, VS2, and SI1. These diamonds may have imperfections that can only be seen with 10x magnification. To the naked eye, they look absolutely flawless, so nobody will be able to notice any blemishes when they admire your ring!

Optimal Clarity Range for a 7 carat oval diamond ring

Choosing a diamond in the VS2-SI1 clarity range for your 7 carat oval diamond ring can result in significant savings, potentially reducing the total price by as much as $99,194. For the best balance between price and clarity, we highly recommend considering diamonds in the VS2 range. However, it is also worth mentioning that SI1 diamonds should not be disregarded. With just a few minutes spent sifting through the available options, you can find SI1 diamonds that have an appearance of being virtually 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 - $552,475 This diamond is flawless, without any imperfections, but considering its price, it's quite extravagant. Savings - You could save $75,337 - $469,065 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

IF - Internally Flawless

Cost - $502,250 The diamond is flawless on the inside, which means it doesn't have any imperfections. However, it might have some flaws on the outside. It's also quite expensive. Savings - You could save $25,112 - $418,840 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

VVS1

Cost - $477,138 This diamond is almost flawless, but considering its price, it's still excessive. Savings - You could save $0 - $393,728 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

VVS2

Cost - $453,281 These diamonds are really beautiful, but we recommend opting for a lower clarity option since our eyes can't tell the difference. Savings - You could save $-23,857 - $369,871 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

VS1 - Very Slightly Included

Cost - $502,250 If you come across an amazing deal for a diamond with excellent clarity, that's fantastic. However, the clarity tiers that follow are the best option in terms of cost-effectiveness and value. Savings - You could save $25,112 - $418,840 with a VS2, SI1, or SI2 diamond

‹ drag left or right ›

VS2 - Very Slightly Included

Cost: $477,138 Total Savings: $25,112 - $25,112 This diamond clarity is the perfect blend of quality and affordability. The majority of these diamonds are flawless to the naked eye, meaning you won't be able to spot any imperfections in them.
‹ drag left or right ›

SI1 - Slightly Included

Cost: $453,281 Total Savings: $48,969 - $48,969 You won't find a better choice for diamond clarity at this price. But remember, not all SI1 diamonds are the same. Some may not meet your expectations, but many of them are absolutely stunning and could easily be mistaken for a VS2.

Lesson 3 - Color

When looking for a 7-carat oval diamond ring, the diamond's color has a major impact on its price.

⊗ Up to $168,691 savings with these tips
Watch us save thousands by purchasing diamonds in the right range

What is Color?

Diamonds can vary in color, ranging from yellow to colorless. The Gemological Institute of America (GIA) rates diamonds on a scale from D (colorless) to Z (yellow or brown). The majority of diamonds used in jewelry have a slight color, falling within the G-H range. These subtle color differences are typically only noticeable when compared to higher-grade diamonds like D, E, or F. While color is more noticeable in larger diamonds, a diamond from the G-H range will still appear almost colorless and will be less expensive than a completely colorless diamond, such as a D-grade diamond.

Optimal Color Range For A 7 Carat Oval Diamond Ring

Opting for a 7 carat oval diamond ring necessitates careful consideration of the color grade. Instead of splurging on diamonds graded D-F, it is wise to explore options within the G-J range. By doing so, you can still acquire a remarkable piece while pocketing significant savings, amounting to $168,691 alongside any additional savings made through astute decisions concerning clarity.
Clearest Color
Best Value
Sometimes Ok
D
E
F
G
H
I
J
< drag left or right >

D color

Cost - $543,937 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 $92,152 - $119,259 with a G or H colored diamond
‹ drag left or right ›

E color

Cost - $511,301 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 $59,515 - $86,623 with a G or H colored diamond
‹ drag left or right ›

F color

Cost - $480,623 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 $28,837 - $55,945 with a G or H colored diamond
‹ drag left or right ›

G color

Cost - $451,786 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 $27,107 with an H colored diamond
‹ drag left or right ›

H color

Cost - $424,678 Total Savings: $27,107 - $119,259 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 - $399,198 Total Savings: $52,588 - $144,740 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 - $375,246 Total Savings: $76,540 - $168,691 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 over a quarter of a million dollars on your 7 carat oval diamond ring by opting for lab grown diamonds.

Lab-grown diamonds, also called lab-created diamonds, possess an indistinguishable look from genuine diamonds but are manufactured in a more environmentally friendly and morally conscious process. Additionally, they offer a greater affordability owing to their increased accessibility compared to natural diamonds. In fact, a lab-grown diamond can be up to 85% cheaper than a similar natural diamond.

If you ever decide to sell your 7 carat oval diamond ring, choosing a lab-grown diamond can help mitigate your financial loss.

Opting for a 7 carat oval diamond ring necessitates careful consideration of the color grade. Instead of splurging on diamonds graded D-F, it is wise to explore options within the G-J range. By doing so, you can still acquire a remarkable piece while pocketing significant savings, amounting to $168,691 alongside any additional savings made through astute decisions concerning clarity.
Explore Lab Grown 

Lesson 5 - Carat / Size

When you're shopping for your diamond ring, make sure to consider the carat weight.

Why is Carat Important?

When you imagine a diamond ring, what do you picture? That's correct - the size of the main diamond. Women also prioritize size, so if you're unsure where to invest your money, we advise focusing on carat weight - it's the ultimate size determinant in the diamond industry.
Watch us compare sizes and help you visualize what you want. 

Carat Range: The Perfect Option for Your 7 carat oval diamond ring

We recommend looking at diamonds that range from 6.3 to 7.7 carats. This way, you can explore different prices without a significant change in size.
Hand Diamond

1 carat

Explore More Diamond Weights

Lesson 6 - Cut

When purchasing your 7 carat oval diamond ring, keep in mind that the cut of the diamond determines its sparkle and shine. Opt for an ideal or excellent cut to enhance its beauty.

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

What is Cut?

Looking for the most stunning 7 carat oval diamond ring? The way the diamond is cut plays a vital role in its sparkle and brilliance. It all comes down to how flawlessly and precisely each of its facets is crafted.

What diamond companies don't want you to know

An 'Ideal' cut diamond is known for its maximum sparkle and is often thought to be the most expensive. But sometimes, a 'Fair' cut diamond with the same carat, color, and clarity can be even pricier. It may seem confusing, but poorly cut diamonds can appear larger without giving off the desired sparkle and brilliance. A diamond that lacks sparkle is like a garden without any soil.

Here's a crucial tip: always opt for GIA Certified Excellent Cut Diamonds (also known 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

The brilliance of diamonds is influenced by their shape, and specific shapes can contribute to the perceived value of a 7 carat oval diamond ring.

What is Diamond Shape?

Diamonds come in different shapes, such as round, oval, or oval-like. Each shape has its own style. Some shapes can make a diamond look bigger, while others make it shine more and give it a timeless and classic charm. In this section, you can explore a range of 7 carat diamond rings with various shapes. Use our shape tool to find the perfect one for you.

What shape to choose?

Sure, some diamond shapes can make the stone look bigger, and some shapes are currently trendy. But the most important thing is to choose what you love and makes you happy. If you're not sure about your preference, think about getting a brilliant cut diamond. It includes Round, Marquise, Princess, Cushion, Oval, Pear, and Radiant shapes. Among these, Round diamonds are the most popular, but Oval and Marquise shapes can make the diamond look bigger even with the same carat 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 diamond ring with a 7 carat oval stone can be dramatically changed by the band it is paired with.

What is setting?

The shiny part of the diamond ring, which we call the band, is what we call the setting. Usually, these are made from gold and can come in different colors like white, yellow, or pink gold. You also have the option to choose a platinum band. The setting is very important in how your 7 carat oval diamond ring looks overall. This is your opportunity to show off your personal style. We've listed the three most popular settings for you. No matter which one you choose, it's best to go with 14k gold. As you keep reading, you'll understand why this is the best choice.
The setting or band is really important for making your diamond look bigger and better. 

Ensure that your band is made of 14K gold.

Pay attention to this important rule. Do not choose 18k or 24k gold for your setting. Instead, rely on 14k gold. Even though 18k and 24k gold are more pure, they are very soft and flexible. If your band, which secures your valuable diamond, bends too easily, the chances of your diamond becoming loose and falling out increase. This is a problem that is commonly faced by many people.

Solitaire - A Thinner Band to Make the Diamond Look Larger

Most women, based on surveys, lean towards a larger diamond. To bring out the size of a 7 carat oval diamond ring, ponder over a Solitaire setting with a thin, fine band. The contrast between the small band and the hefty diamond can give the illusion of a larger stone. Adding petite accent diamonds along the band can add a refined touch without stealing the limelight from the main diamond.

Halo: Enhance Your Diamond's Size with Small Diamonds

A different way to make your 7 carat oval diamond ring appear larger is by using a halo setting. This style includes smaller diamonds that surround the main gem and enhance its brilliance, giving the illusion of a bigger size. To achieve an even more noticeable effect, you might want to consider a double halo setting. When combined with a slim band, this setting can make a smaller diamond look much larger, creating the impression of a more extravagant ring.

Stay focused on the main diamond

A lot of women like their diamond to appear big. If your ring band is too elaborate or wide, it can shift the attention away from the diamond, causing it to look relatively smaller. If the 7 carat oval diamond ring is what catches your eye the most, then a simpler band would be your best choice. However, if the design of the whole ring is what matters most to you, then a more intricate band might be just what you need. But remember, this might affect how visible the diamond is.

Build a Custom 7 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.

Decide to shop online with our reliable partners. Each link will take you to an incredible deal on diamond rings.

We have evaluated every company, and each "Shop Now" link is set up to automatically give you the best prices for the highest quality diamonds. Basically, we use our specific criteria to find the best deals on each website for your needs. You can enjoy a wide range of options, rings made according to your preferences, and exceptional customer service.

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. 

Virtual Appointment

Let us help you get help by the industry leaders. When you click the button below we will help you choose where to set up your appointment.
Book Appointment

Frequently Asked

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

How much is a 7 carat oval diamond ring worth?

The average price of a 7 carat oval diamond ring is $278,200. However, the price range for such rings can vary significantly, ranging from $81,002 to $610,746.

How big is a 7 carat oval diamond ring?

A 7 carat oval diamond ring has a length of 14.6mm and a width of 10.2mm. When compared to a 6.5 carat oval diamond ring, which has a length of 14.1mm and a width of 9.9mm, the 7 carat oval diamond ring appears slightly larger. However, when compared to a 7.5 carat oval diamond ring, which has a length of 14.9mm and a width of 10.5mm, the difference in size is minimal.

What does a 7 carat oval diamond ring look like like on a hand?

A 7-carat oval diamond ring is a stunning choice for those seeking a larger and more eye-catching diamond. When worn on the hand, this ring will have a noticeable presence due to its size. The oval shape of the diamond adds elegance and sophistication to the overall look. The exact dimensions of the diamond will vary, but typically a 7-carat oval diamond has a width of around X mm, which means it will take up a significant portion of the finger's width. The brilliance and sparkle of the diamond will further enhance its beauty, making it a truly captivating piece of jewelry.

What is the price of a 7 carat oval diamond ring?

The price of a 7 carat oval diamond ring falls within the range of $81,002 to $610,746.

Is a 7 carat oval diamond ring good enough?

Yes, a 7 carat oval diamond ring can be considered good enough, especially if it exhibits desirable characteristics such as a well-cut shape, excellent clarity, and expert craftsmanship in its ring and setting.

Is a 7 carat oval diamond ring big?

Yes, a 7 carat oval diamond ring is considered big. The average carat weight for a diamond engagement ring is about 1.2 carats, so a 7 carat diamond is significantly larger. A 7 carat diamond is highly noticeable and eye-catching. It is considered a statement piece and is quite rare and valuable.

What does a 7 carat oval diamond ring weigh?

A 7 carat oval diamond ring weighs 1.4 grams.

Should I get a 7 carat oval diamond ring?

A 7 carat oval diamond ring can be a stunning choice, as it offers a larger size and a unique shape that can enhance its overall appeal.

Is a 7 carat oval diamond ring too big?

A 7 carat oval diamond ring is considered large, but it ultimately depends on personal preference and style.

Is a 7 carat oval diamond ring small?

No, a 7 carat oval diamond ring is not small. The carat weight of a diamond determines its size, and a 7 carat diamond is considered to be quite large. However, it's important to note that the appearance of the diamond can vary depending on the shape and cut of the stone.
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