May 14, 2018

FCRF: Blue Diamond Prices Rise Moderately; Yellow Diamond Prices Stabilise in Q1 2018

Fancy blue diamond prices rose moderately, while overall fancy coloured diamond prices showed stability during the three months ended March 31, according to data released today by the Fancy Color Research Foundation (FCRF) reported in a statement released today.

It said that the Fancy Color Diamond Index (FCDI) indicated an overall rise of 0.1% in Q1 2018 for fancy color diamonds across all sizes and saturations. While blue fancy colour diamond prices increased by 1.0% in Q1 2018, with fancy intense and fancy vivid blues outperforming, both yellow and pink fancy colour diamond prices declined slightly by 0.1%. In comparison, in Q4 2017 the prices of yellow and pink declined by 0.6% and 0.4%, respectively, FCRF said.

During the quarter, the most notable rate of appreciation in their respective color categories was in the 2 carat vivid pink and blue diamonds.

Year-on-year, the Fancy Color Diamond Index increased by 0.1%, with blue prices up 5.0% and yellow and pink prices down by 1.7% and 0.6%, respectively.

The Fancy Color Diamond Index is published by the non-profit Fancy Color Research Foundation (FCRF), and tracks pricing data for yellow, pink and blue fancy color diamonds in three key global trading centers – Hong Kong, New York and Tel Aviv.

FCRF Advisory Board member Ishaia Gol​ said:​ “In the past 12 months or so prices of rare fancy color diamonds of between 0.30 to 0.70 carat have increased much more than those of large fancy color diamonds, due to the relatively smaller total amount per stone”.

Pic caption: A fancy vivid blue diamond

Pic courtesy: FCRF