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 absolutely no regrets. My girlfriend was absolutely speachless. We are now happily engaged.
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...
I have just received my ring. it looks beautiful, and it is exactly like i wanted it to be. Thanks to Sam and Beth for help. Alla.
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.
Absolutely beautiful earring! Prompt and courteous seller. I highly recommend this website.
nice
Customer service representative very professional and cordial made the purchasing experience smooth and enjoyable. This is from a person who hates shopping.
this is a very beautiful ring, way over par to my expectations
This is an absolutely GORGEOUS setting. Great customer service, nice craftmanship, A+!
Holy Cow!! What a beautiful setting. The pictures just do not do it justice. The staff at DoN are wonderful and very helpful. We had called them and inquired about the setting to see if it would hold my sapphire. Grace and Sam were very helpful in an...
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 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
Very nice quality eternity band, the picture does not do mercy. Im very happy with this purchase.
The ring is beautiful!!!! Your team did a wonderful job. Thank you so much! I will be contacting you in the future for our wedding bands. Great job!
Comfortable and a simple platinum ring.
Wonderful item, great price, thank you for your super fast shipping.
I've been looking around for this ring for months and you have the best deal for it. I didn't believe it at first that it is the same thing, but when I saw the consignment ring you sent me: It's the one! That is a good risk free option right there.
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Just wanted to let you know we received the ring and it is ABSOLUTELY BEAUTIFUL!!!! Thank you so much for your advice and continued communication which made the process smooth and enjoyable. We couldnt have asked for anything more lovely!!!...
I love it! I highly recommend this product and website to all.
This is a gorgeous, well crafted ring that looks and feels amazing on the finger! Such a classic design, what you see is what you get with this beauty! A ring thats sure to never go out of style.