The Fancy Color Research Foundation (FCRF) has published the Q1 2023 Fancy Color Diamond Index (FCDI), showing that the average price of all colors and sizes of fancy color diamonds went up 1.3% – a climb “in contrast to the quarterly trend in white diamonds of -2.8% and -17.6% over the previous 12 months,” according to a press release.
Fancy Vivids across all color categories presented increased the most (1.7%), while the Fancy Intense and Fancy categories went up 1.3% and 0.5% respectively. In addition, Yellows “presented a more notable appreciation” (2.1%) than Pinks (1.1%) and Blues (0.2%).
FCRF Board member Ephraim Zion, said: “The price increases reflect the strong demand of yellow diamonds on the market as well as the strong competition in rough tenders. Despite some declines this quarter in White prices, Fancy diamonds are continuing to show stable demand.”
