4 Carat Diamond Prices in Hong Kong

How much does a 4 carat diamond cost in Hong Kong? Live HKD pricing across 100+ retailers, refreshed daily.

Last updated 14 September 2026·Based on 801,620 active listings

Caratlytics Diamond Price Index, August 2026: natural diamonds at 2,184 USD per carat and lab-grown at 464 USD per carat, a natural to lab ratio of 4.7 to 1. See the full index release

Total listings
801,620
Typical natural (HKD)
HK$496,439 HKD
HK$121,825/ct
Typical range HK$83,891/ctHK$168,476/ct
Typical lab-grown (HKD)
HK$16,441 HKD
HK$4,034/ct
Typical range HK$2,360/ctHK$8,461/ct
Lab vs natural at this carat
Natural diamonds at this carat trade at 30.2× lab-grown prices, so picking lab-grown saves around 97% 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 801,620 active listings at 4 carat right now. A typical natural diamond in this range costs around HK$496,439 HKD while the lab-grown equivalent sits at roughly HK$16,441 HKD, about a 30.2× ratio. That gap is normal because lab-grown has been trending down in price steadily while natural holds value.

ROUND accounts for about 22% 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 colour with VS1 clarity. This combination is eye-clean, face-up indistinguishable from a D/FL on paper, and typically costs 40-60% 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 (HKD)
OVALlab grown171,763HK$3,860/ct
ROUNDlab grown162,133HK$3,529/ct
RADIANTlab grown107,778HK$4,294/ct
EMERALDlab grown75,597HK$4,630/ct
CUSHIONlab grown72,919HK$4,721/ct
PEARlab grown60,944HK$4,378/ct
MARQUISElab grown48,776HK$3,735/ct
PRINCESSlab grown37,309HK$3,736/ct
ROUNDnatural16,186HK$114,963/ct
ASSCHERlab grown14,096HK$6,653/ct
HEARTlab grown11,529HK$3,747/ct
OVALnatural6,348HK$124,389/ct
CUSHIONnatural3,666HK$127,751/ct
EMERALDnatural3,636HK$142,053/ct
PEARnatural3,516HK$131,180/ct
OTHERlab grown3,217HK$6,100/ct
PRINCESSnatural913HK$93,973/ct
MARQUISEnatural427HK$187,737/ct
RADIANTnatural253HK$57,305/ct
TRILLIONlab grown200HK$5,330/ct
BAGUETTElab grown121HK$4,976/ct
ASSCHERnatural77HK$98,176/ct
OTHERnatural71HK$125,086/ct
HEARTnatural70HK$59,591/ct
SQ_RADIANTlab grown39HK$3,587/ct
TRILLIONnatural20HK$65,617/ct

Breakdown by Colour

GradeOriginListingsMedian (HKD)
Dnatural3,379HK$197,957/ct
Dlab grown209,926HK$8,070/ct
Dunknown2HK$27,669/ct
Enatural3,091HK$183,358/ct
Elab grown322,106HK$3,496/ct
Eunknown4HK$10,812/ct
Fnatural3,349HK$174,560/ct
Flab grown160,354HK$3,193/ct
Gnatural4,061HK$159,854/ct
Glab grown55,781HK$2,805/ct
Gunknown1HK$4,803/ct
Hnatural5,386HK$131,560/ct
Hlab grown15,046HK$2,842/ct
Hunknown1HK$182,900/ct
Inatural6,494HK$110,601/ct
Ilab grown2,688HK$14,620/ct
Jnatural5,256HK$88,100/ct
Jlab grown400HK$14,653/ct
Knatural2,416HK$66,893/ct
Klab grown65HK$6,344/ct

Breakdown by Clarity

GradeOriginListingsMedian (HKD)
FLnatural272HK$319,305/ct
FLlab grown27,306HK$21,627/ct
IFlab grown30,508HK$15,911/ct
IFunknown2HK$36,220/ct
IFnatural955HK$169,151/ct
VVS1lab grown72,947HK$8,894/ct
VVS1unknown1HK$17,130/ct
VVS1natural2,066HK$134,272/ct
VVS2unknown2HK$6,028/ct
VVS2natural3,377HK$143,673/ct
VVS2lab grown344,655HK$3,504/ct
VS1natural6,821HK$143,240/ct
VS1lab grown235,869HK$3,266/ct
VS1unknown3HK$4,803/ct
VS2natural8,032HK$141,113/ct
VS2lab grown49,715HK$3,295/ct
SI1lab grown5,049HK$2,585/ct
SI1natural7,411HK$114,364/ct
SI2natural5,802HK$83,385/ct
SI2lab grown327HK$2,797/ct
I1lab grown38HK$28,457/ct
I1natural319HK$52,379/ct
Back to all carat weights
Search diamonds at this caratAsk Lucy

Compare prices across 100+ retailers worldwide. Find the best deal on your perfect diamond.