Another Slight Dip for Fancy Color Prices

(IDEX Online) - The Index tracking fancy color diamond prices recorded another slight fall during the three months to 30 September.

It was down by 0.5 per cent during Q3, following on from an 0.7 per cent dip in Q2, its first decrease in almost four years.

The Fancy Color Diamond Index, which monitors pricing data for of all sizes and intensities of fancy color diamonds, has increased by over 200 per cent since it was launched in 2005.

"The year-over-year trend reflects a cumulative decrease of 1.0 per cent," the New York-based Fancy Color Research Foundation (FCRF) said today (10 January).

"This data suggests a stable market with minor fluctuations. While the index remained relatively unchanged, it highlights the continued resilience of the fancy color diamond market despite some downward trends."

Yellow diamonds, of all sizes and intensities, suffered the biggest fall - down 1.6 per cent compared to the previous quarter. Blues were down 0.7 per cent and pinks down 0.1 per cent.

The 1-ct fancy intense yellows category saw the sharpest decline, down 3.8 per cent.  The best performing category was 3-ct fancy vivid pinks, up by 2.0 per cent.

FCRF Data Supplier Oz Mashiach said: "Despite some declines this quarter, the fancy color diamond market is showing resilience. The slight decreases, especially in yellow diamonds, reflect broader economic uncertainties, yet the overall stability suggests steady demand.

"It's encouraging to see that categories like vivid pinks continue to perform well, even in a challenging economic climate."