New York: The Fancy Color Research Foundation (FCRF) announced today 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%.
Here are some prominent results of the FCDI during the last decade: 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 7.2%. In the Yellow category – Fancy Vivid Yellow 10ct decreased by 6.1% and Fancy Intense Yellow 3ct decreased by 5.3%.
Q4 2019 results:
Pink
In Q4 2019, the pink segment decreased by 0.2%. Fancy Vivid Pink in the 2ct category rose by 1.7%, while Fancy Pink in both 1ct and 8ct declined by 1.2% and 1.1% respectively. The 5ct Fancy Pink category decreased by 2.7% in Q4 2019, and also presented the most significant decline of Pink diamonds in 2019.
Blue
Blue diamond prices slightly declined in Q4 by 0.5%, mainly as a result of the decline of 2.1% in the Fancy Blue 8ct and a decrease of 2.2% in the 5ct Fancy Intense Blue. Fancy Intense Blue 8ct presented an increase of 2.0%.
Blue diamond prices slightly declined in Q4 by 0.5%, mainly as a result of the decline of 2.1% in the Fancy Blue 8ct and a decrease of 2.2% in the 5ct Fancy Intense Blue. Fancy Intense Blue 8ct presented an increase of 2.0%.
Yellow
In the Yellow segment in Q4, the only category showing a significant increase was the Fancy Vivid Yellow 10ct, which rose by 1.0%, while the greatest price drop was -4.3% in the Fancy Vivid Yellow 5ct category.
In the Yellow segment in Q4, the only category showing a significant increase was the Fancy Vivid Yellow 10ct, which rose by 1.0%, while the greatest price drop was -4.3% in the Fancy Vivid Yellow 5ct category.
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.”
