The fourth quarter of 2017 saw a slight rise in fancy color diamond prices over the previous quarter, thanks to continued appreciation from blue stones, as written The Fancy Color Research Foundation (FCRF) in a press release.
Across all blue fancy color diamonds, the index gained 2.6% over Q3 2017 and 5.9% compared to Q4 2016, with fancy intense and fancy vivid blues performing best, especially in the 1ct and 5ct categories. They also note that in Q4, white diamonds performed relatively better than fancy colored diamonds.
FCRF Advisory Board chairman Eden Rachminov said: “We are seeing a stagnant supply picture of important pink and blue fancy color diamonds. Rare pinks and blues are very hard to come by and continue to command significant premiums. After more than 18 months, we are starting to see some price stability in commercial yellow fancy color diamonds, in line with the performance of white diamonds, driven by lower availability”.