created: Mar, 04 2011
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.
Very nice, very satisfied with this sol ring
I purchased this ring to DON but with the 6 yellow gold prong. I talked to one of their representative and really helped me through the whole process. He was very patient because I keep on changing my mind too. But I got the design that want and bec...
I love it
I just wanted to say that my wife is very, very happy with this ring. She said it is nicer than she had expected! Thank you
Thanks Sam this was the largest ticket item I ever purchased on line and probably the easiest as well. I am very picky in design and jewelry and this item passed my expectation and how you handled us. Regina,Manny Thomson Yuma,AZ.
Thanks for the earrings... the stones are very clear.i paid $1420. I had them appraised and was told that they were an exceptional value. They were appraised at $5000. I will definitely shop with you again. ER5501F
My fiancee proposed a couple of days ago, with a beautiful ring we purchased from your online store. It's even more beautiful than in the picture! I love the diamond, it´s beautiful and very sparkling. Overall, a delicate, precious ring that ha...
I found DiamondonNet while doing a search for wholesale diamonds. I was tired going to the jewelery stores in Miami and dealing with sales people who didnt listen to what I wanted and always tried to sell me things I didnt want even if I had already ...
Excellent Service and Communication Buy with confidence & without ANY Hesitation ABSOLUTE BEST!
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.
Wow, just a lovely pair and at this low price.
My fiancee loves this ring! She has received many, many compliments. Fantastic service from DON in answering my questions and delivering this ring.
Simply wonderful! I just love this bracelet so much
The ring is amazing. The customer service person is professional. He educated me about engagement rings and diamonds. I will definitely recommend your website.
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Wonderful item, great price, thank you for your super fast shipping.
"fast shipment, emeralds were pretty good"
Very pleased! Beautiful quality as stated. Perfect size for my third hold ear piercing. A pleasure to do business with.
The ring is perfect! It is everything that we were looking for. I couldnt have asked for an easier shopping experience. Everyone who sees it loves it.
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