New York: The Fancy Color Research Foundation (FCRF) has announced the results of the Q1 2019 Fancy Color Diamond Index. The overall prices decreased by 0.2% in the first quarter of 2019, influenced by a decrease in the Yellow category. Pink Diamonds increased by 0.5%, Blue Diamonds showed a very slight decrease of 0.2%, and Yellow Diamonds decreased by 1.5%.
The Pink category in all saturation and sizes increased by 0.5%, led by the 3 and 5 ct Vivid Pink categories, which increased by an average of 3.1%. The rest of the categories showed no change in comparison to the previous quarter.
Although the Fancy Blue 1.5 ct category showed an increase of 3.4%, and, Fancy Vivid Blue 1.5 ct category increased by 1.3%. The highest appreciation in Q1 2019 was presented by 1ct Fancy Intense Blue, which showed a rise of 3.9%.
The overall Blue segment decreased by 0.2% on average. In comparison, the fourth quarter of 2018 showed 0.8% increase in this category.
In Q1 2019 the Yellow segment decreased by 1.5%. However, the 1ct category in Fancy Yellow increased by 1.2% showing a recovery after decreasing by 1.6% in 2018.
Compared to Q1 2018, the Fancy Color Diamond Index presents an increase in Blue Diamonds by 2.8% and in Pink Diamonds by 0.6%, and a decrease in the price of Yellow Diamonds by 3.5%.
FCRF Advisory Board member Oren Schneider said, “At a time of diamond market uncertainty, fueled by growing white diamond inventory and the emergence of lab grown diamonds, most categories of Fancy Color diamonds are showing continued pricing stability, with the Pink segment posting slight price increase.”
The Fancy Color Diamond Index is published by the non-profit Fancy Color Research Foundation (FCRF), tracking pricing data for yellow, pink, and blue fancy color diamonds in three key global trading centers – Hong Kong, New York, and Tel Aviv.