Gemewizard will be demonstrating GemePrice 5.0, the latest version of its online pricing system and pricelist for diamonds, fancy colored diamonds, gemstones and jewelry.at the upcoming AGTA GemFair at Tucson from February 2-7, 2016, the Company said in a release.

The software offers grades and prices for more than 60 gem types and above 100 fancy coloured diamond combinations. The price of a specific gem can be discovered either by defining the gem's specifications or by browsing through the pricelist's various grades and sizes.

Other new features include visual guide rulers for over 10 new gemstones displaying unique textures and/or optical effects, among them turquoise, lapis lazuli, agate and moonstone and an enhanced Jeweler's Station mode that enables the user to estimate the price of a piece of jewellery using current market prices of metal and gems.

The GemePrice takes all available, current market parameters, i.e. real time commercial market data and price information, based on more than 100,000 monitored goods offered for sale online, in account to compute a reliable gemstone's price.

The colour grading is based on GemeSquare 2.0, a universal colour communication 'language' and platform that enables users to precisely describe, define and communicate color. The system has been endorsed by GIA and Gem-A for education.  

"As we are witnessing a steady, consistent rise in the demand for quality colored stones in the leading consumer markets - including Asia - prices continue to nudge upwards," says Gemewizard's founder and CEO Menahem Sevdermish.

He added that the software would help those who want to get a grip on real time price development and current market prices for coloured gemstones.