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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.
One gemstone carat is 200 mg. Carat, a measure of weight, should not be confused with karat, which refers to gold purity. The price per carat of different gemstones can vary enormously, from as little as one dollar to tens of thousands of dollars per carat. Many factors influence the price per carat of gems.