Pink diamonds continue to shine in second quarter

by Samantha Ashenhurst | August 1, 2019 3:45 pm

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Pink diamonds outperformed blues and yellows in terms of price during the second quarter, according to the latest Fancy Color Diamond Index (FCDI) from the Fancy Color Research Foundation[2] (FCRF).

The index, which is based on pricing details collected for blue, pink, and yellow diamonds traded in Hong Kong, New York, and Tel Aviv, reveals a 0.4 per cent uptick for pink stones during this period, compared to a 0.5 per cent decrease during last year’s second quarter. The slight surge is attributed to success within the two- and three-carat ‘vivid pink’ categories, which increased by 2.8 per cent and 2.6 per cent, respectively. Pink diamonds of one and 1.5 carats, however, presented a price decrease of 0.7 per cent and 0.2 per cent, respectively.

Meanwhile, blue diamond prices saw a decrease of 0.3 per cent, including a decline of 0.9 per cent in the eight to 10 carat category. The 1.5 carat ‘fancy vivid blue’ category, however, enjoyed a 4.8 per cent increase.

The price of yellow diamonds saw a decline of 0.8 per cent, including a 2.7 per cent decline in the one-carat category. The ‘fancy yellow’ eight-carat group, however, experienced a 2.1 per cent upturn compared to a 4.8 per cent decrease this time last year.

Source URL: https://www.jewellerybusiness.com/news/pink-diamonds-continue-to-shine-in-second-quarter/

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