Prices Rise for Pink and Blue Diamonds

RAPAPORT Pink and blue fancy-color diamonds saw price increases in the third quarter, while yellows dipped, according to the Fancy Color Research Foundation The organization's Fancy Color Diamond Index for pinks grew 0.4% versus the previous quarter, while prices of blues rose 0.7%, the FCRF said Thursday Rates for yellow fancy-color diamonds dropped 1%, with the overall index down 01%.

"The price of fancy yellow[s] is influenced by the general mood of many diamond traders that carry a mixed inventory of colorless and yellows," explained Eden Rachminov, a member of the FCRF's advisory board Prices of blue diamonds weighing 1 carat rose 4.7% versus the previous quarter, while pinks remained stable Yellow diamonds decreased 22% in that size category, while prices of 1-carat, intense-yellow stones grew 11%.

Compared with a year ago, prices of blues climbed 6%, with the fancy-vivid-blue category recording an 8.5% jump in the past 12 months Pink fancy-color diamonds lost ground with a 0.5% year-on-year decline, while prices of yellows fell 1.6% The index for all fancy-color diamonds increased 04% versus the same period of 2017.

The index tracks prices of yellow, pink and blue fancy-color diamonds in Hong Kong, New York and Tel Aviv, the FCRF said. . Source