The Fancy Color Research Foundation (FCRF) recently announced the results of the Fancy Color Diamond Index (FCDI) in 2019 and over the last decade.
During the years 2010-2019, the general index showed a steady market price increase of 77%. Leading the index during the decade were Pink diamonds, which increased by 116%. The prices of Blue diamonds rose by 81% and of Yellow diamonds by 21%.
In the Pink color category - 5ct increased by 99%. In the Blue color category - Fancy Vivid Blue 1ct increased by 135%, and in the Yellow color category - Fancy Vivid Yellow 5ct and 3ct increased by 30%.
During 2019 there was a 1.4% decrease in the general index, mainly influenced by a 5.4% decrease in Yellow diamonds. The Pink and Blue categories showed stability.
In further detail, in the Pink category - Fancy Vivid Pink increased by 4.4%, while Fancy Vivid Pink 3ct increased by 9.1%. In the Blue category - 1ct, 1.5ct and 2ct increased by 2.5%, 3.7% and 2.7% respectively. Fancy Vivid Blue 1.5ct increased by 7.2%. In the Yellow category - Fancy Vivid Yellow 10ct decreased by 6.1% and Fancy Intense Yellow 3ct decreased by 5.3%.
FCRF Advisory Board member, Jim Pounds said: “The declines we witnessed in 2019 in the fancy color index are a ripple effect caused by the double-digit decrease in the colorless category in the last few years. From the mining perspective, we are currently experiencing a shortage in high-quality fancy color rough and we, therefore, feel quite optimistic about the future.”
Image credit: FCRF