PRICES OF PINK AND BLUE DIAMONDS RISE IN Q3 2018
Fancy vivid blue diamonds rose 8.5% in the past 12 months4.11.2018WorldCredit: IDI
The recently published Fancy Color Diamond Index shows that in the third quarter of 2018, prices of fancy color blue and pink diamonds rose by 0.7% and 0.4% respectively in all sizes and saturation levels when compared to Q2 2018. When compared to Q3 2017, the index rose 0.4%; blue prices were up 5.9% and yellow and pink prices down by 1.6% and 0.5%, respectively.
According to the Fancy Color Research Foundation (FCRF), “overall fancy color diamond prices showed no significant change and increased by only 0.1%”. The only decrease was in yellow fancy color diamonds (-1%). The biggest increase was for Fancy vivid blue diamonds, which rose 8.5% in the past 12 months and 1.1% in Q3 2018. In the 1-carat category, prices of pink diamonds remained stable, blue diamonds rose 4.7%, yellow diamonds fell by 2.2%, and intense yellow 1 carat diamond prices rose 1.1%.
FCRF Advisory Board member Eden Rachminov said: “In my opinion, the price of fancy yellow is influenced by the general mood of many diamond traders that carry a mixed inventory of colorless and yellows. Due to the slowdown in the colorless business and to compensate in their general turnover, these traders slightly lower the prices of yellows”.
