The Fancy Color Research Foundation (FCRF) announced the results of the Q2 2022 Fancy Color Diamond Index (FCDI), showing a price rise in all colors and sizes, with an average increase of 0.8%.
Fancy Vivids across all color categories showed an increase of 1%, with a rise of 2.6% over the past 12 months. The Fancy and Fancy Intense categories showed an increase of 0.7% and 0.8% respectively, with a 3.5% and 3.2% rise over the past 12 months.
The Yellow segment rose overall by 0.9% in Q2, with the most noticeable increase in the Fancy 8-carat category (4.9%). Pink diamonds rose overall by 0.8%, driven mainly by the Fancy Vivid category that increased by 1.5%. The biggest increase over the past 12 months was seen in the Fancy 5-carat category (6.3%). As for blue diamonds, 10-carat Blues of all intensities showed the highest rise (2.1%).
FCRF Board member Ishaia Gol explained: “It is evident that the increase in prices is driven by two market forces that haven’t occurred simultaneously in quite some time: That is, high demand for fancy color diamonds on the retail side, and fierce competition on rough in tenders.”
