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.
Added an asscher cut center stone for this ring and my soon to be wife was so happy with this. Its a very nice ring for only 900 bucks. The service that this company gave was superb.
The pendant was a wonderful surprise for my wife. The diamonds bring out the sparkle in her eyes. The Blue Nile experience was wonderful.
this is a very beautiful ring, way over par to my expectations
Shopping in Diamond on net is very convenient. The filtering is very easy to use for the Princess cut side stone that I was looking for since I don't have time to browse everything one by one. I am so happy with my ring. If youre getting engaged, don...
I bought a special build engagement ring for someone very special in my life. When the ring arrived (on schedule) what I received was much more than I expected. The stones were absolutely awesome and the ring was perfect. If anyone would like to kno...
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!
I wanted to let you know that the ring exceeded my expectations! Its exactly what I set out to find. You all made this a great experience and I wont hesitate to recommend your services in the future. Regards, Erik,Austin, TX.
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...
Customer service was excellent. I was getting feedback very quickly with complete information. In comparison with other jewelers, the prices and quality of products are more than reasonable. I would recommend diamondonet.com to anyone who is looking ...
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
My wife was very impressed with the clarity and cut. She received many comments on the beauty and sparkle from everybody,good customer service. Roy P. IL.
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 ...
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...
Awesome engagement ring I was exceptionally pleased with the service and ease of finding the right ring. When it arrived on time, I was absolutely in awe of what I had purchased. My fiance was beyond ecstatic when I popped the question. I live in ...
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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!!!...
working with the support staff, combined with the quality of the merchandise I received, convinced me this is the only way anyone should ever purchase an engagement ring. Every store I visited including Blue Nile left me feeling neglected, pressured ...
Exactly as described, seller was SUPER helpful, would absolutely buy from again!
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.