How much does a 1.50 to 1.99ct I VS1 natural oval diamond cost?

As of October 2026, 1.50 to 1.99ct I VS1 natural oval diamonds typically cost ₹5,06,631 INR to ₹13,45,289 INR, with a median price of ₹8,32,660 INR. There are currently 316 diamonds matching this specification available across retailers.

Where can I find the best price on a I VS1 oval diamond?

About 32% of these diamonds are available at multiple retailers, with an average price spread of 39%. A comparison tool like Carat Hunter lets you see all the prices side by side.

1.50 to 1.99ct I VS1 Natural Oval

Quick answer

As of October 2026, there are 316 natural oval diamonds with I colour and VS1 clarity in the 1.50 to 1.99ct range available across retailers worldwide. Prices typically run ₹5,06,631 INR to ₹13,45,289 INR, with a median of ₹8,32,660 INR. At least 66 retailers stock this exact specification, and 32% of the stones appear at more than one of them, with an average price spread of 39%. Half of all listings fall between ₹4,71,303 INR and ₹6,92,669 INR per carat. The same specification in lab grown form lists at a median of about ₹40,456 INR per carat. Over the last 30 days the median price moved -1.0% and the number of listings moved +4.8%.

Three of the best scored stones at this specification right now:

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. Oval natural stones in the index: 2,655 USD per carat, +10.2% month on month. See the full index release

Figures come from current listings across more than 100 retailers and refresh daily. The index is a monthly release.

Last updated: October 2026

Available

316

Lowest Price

₹3,02,006 INR

Highest Price

₹22,38,407 INR

Average Price

₹8,85,932 INR