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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 weight is measured to a thousandth of a carat and then is rounded to a hundredth of a carat. If the thousandth of a carat is 9 then the weight is rounded up, otherwise, the weight is rounded down. For example: If a diamond weighs 0.708 carats, than GCAL rounds down to 0.70 carats.