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Diamond Carat Guide - By: ghostevyta, 2009-04-09 Many people equate the term carat with the size of a diamond, and as carat size increases, so will the carat weight. But the operative word there is weight. Carat refers to the weight of a diamond and is equal to roughly 200 milligrams which is less than a 1/4 of an ounce. A carat can also be broken up into 100 points. So 3/4 of a carat is also 75 points. COMMENTS Add a comment |