The Fancy Color Research Foundation (FCRF) has confirmed that fancy colour diamond prices showed signs of stabilising in the first quarter of 2018.
The Fancy Color Diamond Index (FCDI) indicated an overall rise of 0.1% in Q1 2018 for fancy colour diamonds across all sizes and saturations.
Continuing the trend from 2017, prices of blue fancy colour diamonds increased by 1.0% in Q1 2018, with fancy intense and fancy vivid blues outperforming.
During the same period, both yellow and pink fancy colour diamond prices declined slightly by 0.1%.
Over the quarter, the two carat vivid pink and blue diamonds showed the highest rate of appreciation in their respective colour categories.
On a year-on-year basis, when compared to Q1 2017, 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 colour diamonds in three key global trading centres – 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 colour diamonds of between 0.30 to 0.70 carat have increased much more than those of large fancy colour diamonds, due to the relatively smaller total amount per stone.”