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Pink diamonds outperform blues and yellows in Q2 2019

colour diamonds

Pink diamonds outperformed blues and yellows in Q2 2019.

The Fancy Color Diamond Index (FCDI) indicates a decrease of 0.1% in overall prices of fancy colour diamonds during the second quarter.

While pink diamonds continued to rise, prices of blues and yellows declined.

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Comparing this quarter to the corresponding quarter in 2018, Pink diamonds showed an upturn of 0.4% in Q2 2019, compared to a 0.5% decrease in Q2 2018. Yellow diamonds displayed a 0.8% dip vis-a-vis the 0.2% increase in Q2 2018. Blue diamonds fell by 0.3% compared to a 1.5% increase in the same quarter last year.

The pink category continued to outperform all other categories, showing an increase of 0.4%. All fancy vivid pinks rose by 1.3%, with fancy vivid pinks of 2 and 3 carats showing a rise in the second quarter of 2019, increasing by 2.8% and 2.6%, respectively. However, pink diamonds of 1 and 1.5 carats presented a price decrease of 0.7% and 0.2%, respectively.

Blue diamond prices were affected mainly by the decline of 0.9% in the weight category of 8-10 carats. All blue diamonds of 1-3 carats presented a distinct increase, with the appreciation of 2.3% in the 1.5 carat category, in all saturations levels. The highest rise of 4.8% is in the 1.5 carat fancy vivid blue.

Yellow diamond prices in the quarter were primarily influenced by the 1-3 carats categories, with the sharpest downturn of 2.7% in the 1 carat category. However, the fancy yellow 8 carat category had a surprising upturn of 2.1%, compared to a 4.8% decrease in Q1 2019.

Fancy Color Research Foundation advisory board member Eden Rachminov, says: “The recent price declines in the white goods created an overall negative psychological effect on all diamonds. This is probably the reason we also witnessed a decline of 0.1% in the Fancy Color Index. Definitely a good time to buy now.”

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 colour diamonds in major global trading centers – Hong Kong, New York, Geneva and Tel Aviv.

Tags : blue diamondscoloured diamondsFancy Color Diamond Indexpink diamondsyellow diamonds
Stacey Hailes

The author Stacey Hailes

Editor, Professional Jeweller

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