Ramat Gan: The Israel-based Fancy Color Research Foundation (FCRF) said the average price of all colours and sizes of fancy colour diamonds climbed by 1.0% in Q3 2022. This follows an increase of 0.8% in Q2 2022.

This climb was in contrast to the trend in white diamonds, which declined by 6.7%, FCRF said. Fancy Vivids across all colour categories presented the highest increase (1.8%), with Fancy Vivid 8 carats demonstrating a rise of 3.6%, led by Fancy Vivid Pink 8 carats (5.5%). Overall, in the last 12 months, the Yellow segment in all sizes and saturations rose by 3.4% on average, Blues rose by 1.8%, and Pinks by 3.7%.

The Yellow segment rose overall by 1.4% in Q3 2022, led by an increase of 1.7% in the Fancy Intense category, and 1.6% in the Fancy category. Pink diamonds rose overall by 0.9%, driven mainly by the Fancy Vivid category that increased by 2.7%. Blue diamonds increased by 0.6% in Q3 2022 with Fancy Vivid 2 carat and 1.5 carat presenting the highest climb, 2.6% and 1.8%, respectively.

FCRF board member Eden Rachminov said, “The index results reflect price changes in cushion-shaped diamonds with average visual characteristics. From what I have seen, the price of stones with high-quality visual properties and shapes that are in high demand has increased even higher than what is reflected in the graphs.”