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Diamond carat weight is the measurement of how much a diamond weighs. A metric carat is defined as 200 milligrams. Each carat can be subdivided into 100 'points.' This allows very precise measurements to the hundredth decimal place. A jeweler may describe the weight of a diamond below one carat by its 'points' alone.
A diamond's size is denoted by its carat (ct) weight. A 1/5 carat diamond weighs the equivalent of 40 milligrams, or 0.04 gram. The Standard. While one carat diamonds are the most popular choice when it comes to engagement ring or wedding band center stones, 1/5 carat diamonds are a close second.