Slight Dip for Fancy Colors, amid Signs of Stability

(IDEX Online) - Prices of fancy color diamonds dipped for the fifth consecutive quarter, with Q2 down 0.5 per cent, according to the Fancy Color Research Foundation (FCRF).

But it said that in spite of two quarters of modest decline (Q1 was down 0.3 per cent), the data reveals early signs of market stabilization.

In Q4 2024 the Fancy Color Diamond Index fell by 1.1 per cent, and in the full year 2024 prices suffered their biggest annual fall - down 2.2 per cent - since FCRF launched the Index in 2014.

However, the New York-based FCRF says it sees things picking up. "Several sub-categories that fell in previous quarters posted notable recoveries, particularly among vivid pink and blue diamonds," it said in its latest update.

"Despite broader macroeconomic gains in equity and commodity markets, the fancy color diamond segment remains steady and selective.

"While the index's movement in Q2 doesn't reflect major appreciation, the data indicates the market is adjusting in a deliberate and disciplined manner."

The average price index for all pinks (all sizes and intensities) fell 0.4 per cent in Q2, compared to 0.1 per cent in Q1.  Blues were down 0.3 per cent, a slight improvement on -0.5 per cent in Q1, and yellows fell by 0.7 per cent, just as they did in Q1.

The top 5 climber for Q2 was 1.5-cts fancy vivid blue, up 3.01 per cent and the top slider was a 3-cts fancy intense yellow, down 3.00 per cent.

Pic courtesy FCRF.