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.
I have made two purchases in past 2 years and the quality has been excellent and the customer service has been outstanding.
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
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...
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.
This Pendant is very very nice. Thanks for the bargain
Very pleased! Beautiful quality as stated. Perfect size for my third hold ear piercing. A pleasure to do business with.
My wife could not be more happy with this ring! She literally gets compliments everyday! It was also great working with Sam, he was super helpful.
this is a very beautiful ring, way over par to my expectations
It is smaller than it appears on the site, but my wife was quite impressed nonetheless. The clasp was a bit stiff at first but became more malleable after use. Excellent product
Wow, just a lovely pair and at this low price.
this item is indeed very nice. it has very white diamonds. i would surely recommend this earrings and the website
It was a great 10 anniversary gift for my wife and I know she loves it!
The customer service was the best I have ever experienced. They were extremely helpful and friendly with the purchase and many questions that I had. There is nothing out there like Diamondonnet. I will never buy jewelry from another place.
I was nervous to buy diamond and ring setting online but when I got the ring my fear was changed to happiness. They really gave me what they described on their website: clarity, color, cut, and the size of course. It is just perfect!
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.
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 ...
good
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...
It is a gorgeous earring. I am so glad I have it. I look forward to buying from you again!
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