4 Carat Diamond Prices in Canada

How much does a 4 carat diamond cost in Canada? Current CAD pricing across 100+ retailers, refreshed daily.

Last updated 30 October 2026·Based on 1,174,734 active listings

Caratlytics Diamond Price Index, September 2026: natural diamonds at 2,335 USD per carat and lab-grown at 443 USD per carat, a natural to lab ratio of 5.3 to 1. See the full index release

Total listings
1,174,734
Typical natural (CAD)
$87,781 CAD
$21,541/ct
Typical range $14,892/ct to $30,013/ct
Typical lab-grown (CAD)
$3,144 CAD
$772/ct
Typical range $401/ct to $1,302/ct
Lab vs natural at this carat
Natural diamonds at this carat trade at 27.9× lab-grown prices, so picking lab-grown saves around 96% per stone at the same shape, colour and clarity.

Top 4-carat diamonds available now

The highest-scoring stones at exactly 4 carat the market is currently offering, by origin. Click any to see the full diamond.

What a 4 Carat Diamond Actually Costs

4 carat sits between the headline milestone weights, which is where most of the genuine value lives in the diamond market. Retailers carry fewer stones at this weight, but the ones they do carry are priced more competitively because they can't ride the psychological premium of 1ct, 2ct, 3ct and so on.

We're tracking 1,174,734 active listings at 4 carat right now. A typical natural diamond in this range costs around $87,781 CAD while the lab-grown equivalent sits at roughly $3,144 CAD, about a 27.9× ratio. That gap is normal because lab-grown has been trending down in price steadily while natural holds value.

ROUND accounts for about 27% of 4 carat inventory. Consistent with round being the classic engagement ring choice. Fancy shapes (oval, pear, cushion) trade at slight discounts per carat compared to round, partly because they use more of the original rough crystal so they're cheaper to produce.

At 4 carat, the sweet spot for most buyers is E color with VS1 clarity. This combination is eye-clean, face-up indistinguishable from a D/FL on paper, and typically costs 40 to 60% less. The money you save there is far better spent on cut grade. Excellent or Ideal. Because cut drives sparkle more than any other single grade.

Breakdown by Shape

ShapeOriginListingsMedian (CAD)
ROUNDlab grown291,873$623/ct
OVALlab grown225,809$789/ct
EMERALDlab grown135,012$827/ct
RADIANTlab grown118,180$909/ct
CUSHIONlab grown101,609$951/ct
MARQUISElab grown71,131$798/ct
PEARlab grown70,677$815/ct
PRINCESSlab grown56,469$651/ct
ASSCHERlab grown30,772$941/ct
ROUNDnatural20,588$20,795/ct
HEARTlab grown18,147$727/ct
OVALnatural8,382$21,781/ct
EMERALDnatural5,296$23,635/ct
PEARnatural5,176$22,472/ct
OTHERlab grown4,939$971/ct
CUSHIONnatural4,532$22,732/ct
RADIANTnatural1,815$22,083/ct
PRINCESSnatural1,380$16,517/ct
MARQUISEnatural1,234$27,232/ct
ASSCHERnatural554$19,313/ct
HEARTnatural320$13,502/ct
TRILLIONlab grown289$1,081/ct
BAGUETTElab grown203$1,112/ct
SQ_RADIANTlab grown159$1,325/ct
OTHERnatural136$21,143/ct
TRILLIONnatural32$11,258/ct
SQ_RADIANTnatural13$15,399/ct

Breakdown by Color

GradeOriginListingsMedian (CAD)
Dnatural3,972$36,225/ct
Dlab grown329,514$1,253/ct
Dunknown1$8,527/ct
Enatural4,036$33,077/ct
Elab grown452,409$658/ct
Eunknown2$3,729/ct
Fnatural4,862$31,449/ct
Flab grown247,459$603/ct
Gnatural5,680$28,372/ct
Glab grown75,460$561/ct
Hnatural7,817$23,840/ct
Hlab grown17,870$579/ct
Hunknown1$33,724/ct
Inatural9,053$19,581/ct
Ilab grown1,166$610/ct
Jnatural7,797$15,283/ct
Jlab grown411$748/ct
Knatural3,596$12,322/ct
Klab grown78$822/ct

Breakdown by Clarity

GradeOriginListingsMedian (CAD)
FLnatural96$47,123/ct
FLlab grown40,627$2,817/ct
IFnatural988$36,059/ct
IFlab grown49,449$2,220/ct
IFunknown2$6,464/ct
VVS1natural2,908$23,797/ct
VVS1lab grown116,790$1,408/ct
VVS1unknown1$3,057/ct
VVS2natural4,347$25,667/ct
VVS2lab grown475,741$656/ct
VS1natural9,607$26,082/ct
VS1lab grown360,430$627/ct
VS1unknown1$33,724/ct
VS2natural11,491$25,114/ct
VS2lab grown74,117$620/ct
SI1natural10,194$20,155/ct
SI1lab grown7,626$506/ct
SI2natural9,123$14,735/ct
SI2lab grown458$494/ct
I1natural480$10,385/ct
I1lab grown27$335/ct
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