Prices of fancy colour diamonds were stable in the second quarter of 2018, with prices of yellow diamonds increasing slightly after four years of decline, according to the Fancy Color Research Foundation (FCRF).
FCRF’s Fancy Color Diamond Index indicated an overall rise of 0.1 percent in Q2 2018 for yellow, pink and blue fancy colour diamonds in all sizes and saturations. Following gradual decreases over the past four years, prices of yellow fancy colour diamonds meanwhile increased by 0.2 percent in Q2 2018, with fancy intense yellow outperforming all other saturation categories.
Prices of blue fancy colour diamonds were up 1.5 percent during the period in review, continuing a two-year trend. Prices of 2-carat fancy pink, 1-carat intense pink, and 3-carat vivid pink rose 2 percent in this quarter while the pink category as a whole saw a decline of 0.5 percent.
Prices of 1-carat to 3-carat stones across all colours increased during the second quarter while prices of 3-carat stones and above slightly decreased.
On a year-on-year basis, the Q2 Fancy Color Diamond Index increased by 0.5 percent, with blue prices going up 5.7 percent and yellow and pink prices sliding by 0.7 percent and 0.6 percent, respectively.
FCRF Advisory Board member Jim Pounds commented, “The demand for the 1-carat to 3-carat stones remains positive as they are relatively more affordable in their total amount, compared to stones of 3 carats and above. However, larger exceptional yellows continue to command strong prices.”
The Fancy Color Diamond Index is published by non-profit FCRF, tracking pricing data for yellow, pink, and blue fancy colour diamonds in three key global trading centers – Hong Kong, New York, and Tel Aviv.
News Source: jewellerynet.com
Disclaimer: This information has been collected through secondary research and TJM Media Pvt Ltd. is not responsible for any errors in the same.
