It’s an unusual time for our world. Still rattled by the impact of the COVID-19 pandemic, the jewelry industry, like many others, continues to be affected by macroeconomic and global influences.

Nearly all luxury goods are experiencing upward pricing pressure. As such, we have and will continue to raise prices on some of our settings due to the following factors:

• The cost of precious metals such as gold and platinum

• Shipping and fuel costs

• Inflation

• Labor shortages and necessary wage increases for third parties

• Increased demand for lab diamonds following the sanction of ALROSA and all Russian-origin diamonds

• Supply constraints of certain categories of lab diamonds

We began notifying clients a few weeks ago of upcoming increases in pricing to allow them time to finalize their purchase. These price changes will continue to roll out slowly on our web site and will vary from 5-35% depending on the style and piece.

Core to our corporate culture is a commitment to excellence. Our quality standards will never waiver, regardless of any supply constraints our industry faces. Consistently high quality goods carry a premium, even more so today than in the past.

We encourage prospective clients to submit an Inquiry on our web site to learn more about lab diamond pricing and our bespoke process.

-Lindsay & Jason, Co-Founders, Ada Diamonds