Yellows drive rise in fancy colour prices
Prices of fancy colour diamonds demonstrated sustained strength in the second quarter of 2023, with yellows recording notable increases.
Data from the Fancy Color Research Foundation (FCRF) showed the average price of all colours and sizes of fancy colour diamonds climbed by 0.5 per cent. In all colour categories, the fancy vivid grade recorded the highest increase of 1.2 per cent. Meanwhile, fancy and fancy intense saw a combined rise below 0.3 per cent.
Yellow diamonds demonstrated a 1.3 per cent surge in prices while pinks and blues both showed a 0.2 per cent uptick.
FCRF Board Member Eden Rachminov explained, “The first six months of 2023 were intriguing. We experienced notable spikes in certain sub-categories within the yellow category, particularly in the intense and vivid grades with a high inner-grade. Meanwhile, the blue and pink categories remained stable. If the world economy continues to maintain its positive momentum, we can anticipate a robust price behaviour after the summer.”