created: Jan, 01 1970
Ramat-Gan - Prices of polished diamonds increased dramatically in February, rising 1.5 percent compared to January and 8.5 percent year-over-year, according to the IDEX Online Polished Diamond Price Index. The rise brought average prices to 4 percent short of their record level in August 2008.
Emphasizing a mixture of optimism and retailers willingness to yield to wholesalers’ pressure, the average price increased by about 2.9 percent between February 1 and February 28, the sharpest price increase since the recovery cycle began nearly a year ago.
At the end of February, the IDEX Online Polished Price Index stood at 124.5. The Index peaked at a record 128.9 during August 2008, just as the global economy was about to drop into a major recession.
Several factors drove the price increases: Continued pressure by manufacturers to increase polished prices to maintain their margins have finally succeeded; a need to finally renew inventories after the decent holiday season; growth in emerging markets--mostly China; continually rising rough diamond prices; and the upcoming Hong Kong trade show, for which expectations are high.
Prices of 1-carat, 4-carat and 5-carat goods rose on average more than 2 percent in February compared to January. Year-Over-year, 3-carat goods climbed the most, 24 percent on average. Other large items were not lagging far behind, with prices of five-caraters growing 16 percent, four-caraters adding 14 percent to their price and 1-carat goods increasing by 10 percent.
"fast shipment, emeralds were pretty good"
I used it as the wedding band with a solitaire diamond ring. It is truly spectacular and looks larger than the 1/4 Ct total weight that it is.Thanks
Item arrived just as promised before wedding date. The process was much easier than buying at a store. I already recommended you to some of my friends.
Exactly as described, seller was SUPER helpful, would absolutely buy from again!
This ring is very high quality jewelry. I have a lot of sapphire stone jewelries but this sapphire is very clear and attractive stone. I can see the facets of the sapphire from the top and it sparkles. No dullness. It is better than I expected. The r...
Dear Sam and Beth, I must tell you again how beautiful the rings are. Both my fiance and I love them. They are truly art at its absolute best. Also, I must again say how wonderful you made the buying experience for me from afar. Your customer ...
Very pleased! Beautiful quality as stated. Perfect size for my third hold ear piercing. A pleasure to do business with.
Absolutely beautiful earring! Prompt and courteous seller. I highly recommend this website.
It is a gorgeous earring. I am so glad I have it. I look forward to buying from you again!
We searched a lot of places before we found diamondonnet. The show of customer support and professionalism was simply amazing. Also, the quality of the diamond I got on diamondonnet far surpassed the quality and clarity of any diamond I saw on Blue N...
My husband bought this bracelet for me as a wedding anniversary gift. We were hesitated to buy valuable items online at first but after a few calls to the US we are from Australia and talked to customer service we finally decide to make an order. The...
Diamond on net has excellent response time and was flexible with my needs. All around great!!!
I just received this band and I want to tell you that I am very satisfied. It matches my engagement ring. I wish we found this website before we bought the ring. We could have saved more.
I absolutely love my bracelet!!! Thank you so much for all your assistance. I am sure I will be ordering from Diamonds on Net again!!!!!! Denice
I got this set with fancy yellow Diamonds Feb07 2 years ago with the match pedant for my 15th anniversary... since then she never stop talking about how much she loves it!!!Its peace of art. Thanks Sam for such a great recommendation and knowledge in...
A high quality pendant, even better in person. My girlfriend loves this. Thanks
DiamondonNet was amazing, they really went the extra mile to make my wife happy. We will definitly use DiamondonNet again. We chose to have my wife's current diamond set in this ring, the pictures don't do it justice. The ring is incredible, the craf...
I love it! I highly recommend this product and website to all.
I would like to let you know that my finance and I are extremely happy with the diamond ring and your service. The diamond and the setting are amazing as we predicted. She has not stopped talking about the ring since the day we received the item. As...
My fiancé proposed last weekend and my ring is absolutely beautiful... It is perfect polishing and stting job I have received compliments from my co workers on the diamond and the setting.