Gemewizard has released GemePrice 4.0, the latest generation of its online dynamic price list and pricing system for colourless and coloured diamonds, gemstones and jewellery. The new system has some additional features as well as some upgrades of existing elements.

Some of these include second-colour moderators for coloured diamonds, more gemstone types, an improved jeweller's station that enables an entire jewellery item to be priced, and an enhanced user experience through a completely new user-friendly interface, and more.

The new version introduces a redesigned user interface, which is compatible with touch screen computers, tablets and smart phones. New visual guide rulers were added for transparency, clarity and cut grades in gemstones.

 In the Gemstones Mode, new gem types were added to the list, colour borders and grading rulers were refined and updated, and gemstone-treatment descriptions were revised to correspond to the AGTA-CIBJO-ICA coding system.

Prices quoted by GemePrice 4.0 are generated and authenticated by an analysis of tens of thousands of fancy coloured diamonds and gemstones, with a total value of more than $500 million, being offered for sale at any particular time on the Internet, as well as prices allocated by a panel of industry-renowned experts and real-time commercial data.

Menahem Sevdermish, Gemewizard's founder said that the team had worked for over a year to integrate the improvements to the system. "The value of every stone is influenced by a variety of factors, each of which may significantly affect the price in a different way. But GemePrice 4.0 simplifies the process, providing accurate and current pricing data almost instantaneously. It is a very significant leap forward for the way we price our gems and jewelry," he added.