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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.
Carat is the unit of measurement used to describe the weight of diamonds. One carat is equal to 0.2 grams, or 0.007 ounces (avoirdupois). Five carats equals 1 gram, and 141.7 carats equals 1 ounce. Carat weight is commonly expressed in points or fractions. There are 100 points in 1 carat. For instance, 0.33 carats is generally expressed as 33 points, or 1/3 of a carat.