PINK DIAMONDS OUTPERFORM BLUES AND YELLOWS IN Q2 2019
The Fancy Color Research Foundation (FCRF) has issued its Q2 2019 Fancy Color Diamond Index (FCDI), showing a decrease of 0.1% in overall prices of Fancy color diamonds. According to Rough & Polished, pink diamonds rose while prices for blue and yellow diamonds went down.
Pink diamonds rose 0.4% in Q2 2019, continuing to outperform all other categories. All Fancy Vivid Pinks rose by 1.3% on average. Yellow diamonds displayed a decline of 0.8%, primarily influenced by the 1-3 carats categories. Blue diamonds showed a 0.3% decrease in Q2 2019, affected mainly by the decline of 0.9% in the category of 8-10 carats. However, 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.
FCRF Advisory Board member Eden Rachminov said: “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…”.