Fancy colour diamond prices show stability in Q4 2018

Fancy colour diamond

Fancy colour diamond prices showed stability across all sizes and saturation during the fourth quarter of last year.

The Fancy Color Diamond Index (FCDI) indicates that in Q4 prices of blue fancy colour diamonds increased by 0.8 %, and fancy intense blues increased by 1.9%.

Pink diamond prices remained stable, while the 2-carat pink diamonds category rose by 1.1%, led by fancy vivid pink, which increased by 2.1%. 10-carat fancy pink prices decreased by 0.8%.

In the same period, yellow fancy colour diamonds showed a general decrease by 1.5%, with an increase of 1.2% in the fancy vivid yellow 5-carat category.

Fancy colour diamond chart

On a yearly basis, in 2018 the fancy colour diamond index increased by 0.2%, with blue prices up by 4.1% (1 to 1.5 carat up by 9.1%), yellow prices down by 2.1% (fancy yellow decreased by 3.9%) and pink prices remained stable.

In 2018 all fancy intense and fancy vivid diamonds increased by 0.7% and 1.5%, respectively, while the ‘Fancy’ category decreased by 1.4%.

Fancy Colour Research Foundation advisory board member, Jim Pounds, comments: “In the last three years we witnessed a substantial amount of vivid yellows coming to market, mainly from the ‘Misery’ Pipe at the Ekati mine in Canada. However as the mine transitions from open pit mining to the underground, a substantially reduced amount of stones will be available during 2019. Therefore we anticipate a slight increase in vivid yellow prices.”

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

NewsSource: ProfessionalJeweller

Disclaimer: This information has been collected through secondary research and TJM Media Pvt Ltd. is not responsible for any errors in the same.