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.
I am in military and I had to propose before I go to my duty in Iraq in a week. I got into this website and I am so happy how organized and easy to use the website is. I thought it will be so hard to buy an engagement ring on website that is perfect ...
The ring is very nice. My fiancé loved the finish of the metal, very shiny platinum. The diamond that I choose is good price for its quality.
No. 1 when it comes to customer satisfaction. My fiancee bought this ring with 1 carat diamond about 6 months ago on Diamond on net and I found a higher quality in their website and made me exchange that diamond with the one I bought. All I paid is t...
A high quality pendant, even better in person. My girlfriend loves this. Thanks
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
On October 8, 2008 my fiancé and I purchased a channel set princess cut 14K white gold band and a three stone, two sapphires and one diamond, channel set princess cut 14K white gold engagement ring from diamondonnet. Throughout the purchasing p...
Exactly as described, seller was SUPER helpful, would absolutely buy from again!
Very nice quality eternity band, the picture does not do mercy. Im very happy with this purchase.
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.
Thank you DiamondonNet. Very accurate Description. The sidestones matched my diamond on color and clearness. It came out very pretty with the 4 prong.
Thank you for getting everything squared away with the engagement ring i ordered last month. I proposed as we had discussed. She loved the ring and gets compliments on it daily. Its probably one of the most unique designs we´ve ever seen. I ...
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 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...
I fell in love with these earrings when I first saw it in your website and I just became more in love when I saw it in person.
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...
Absolutely beautiful earring! Prompt and courteous seller. I highly recommend this website.
I have never bought a diamond or diamonds on line but rest assured DoN will be my choice when I need any jewelry I could not be more pleased with the overall purchase from This company.Jerry, Castaic CA - August 2006
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 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!