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New York, NY— Prices of fancy color diamonds continued to rise across the board, with a 0.7% increase in the third quarter of 2021, and a 1.1% increase year to date. The Fancy Color Research Foundation (FCRF) third-quarter Fancy Color Diamond Index (FCDI) shows the general increase was led by blues (+0.8%), with pinks and yellows following closely behind at +0.7% and +0.6% respectively. 

Blue diamond prices continued to rise in Q3, with the Fancy Vivid Blue category leading the charts: eight caraters rose 2%; five caraters rose by 1.9%; and one-carat sizes rose by 1.5%. The Fancy Intense grade category displayed the lowest rise of 0.4%, with two-carat sizes declining by -1.1%.

Pink diamond prices were led by the Fancy and Fancy Vivid grade categories. Fancy Pink one carats rose by 1.8% and Fancy Vivid Pink five carats rose by 1.7%. The lowest performance was seen in the three-carat category in the Fancy grade, which decreased by -0.3%.

Similar to pinks and blues, yellow diamond prices sustained an increase compared to the previous quarter. This is mostly due to appreciation in the five to 10 carat weight categories. Among smaller diamonds, one-carat Fancy Vivid Yellow stood out, with an increase of 1.9%.

FCRF advisory board member Eden Rachminov explained, “This increase was actually expected, as Fancy Color prices were too low for too long. In my opinion, most colors will keep increasing in price over the next two years, especially the yellow category in all grades.”

The Fancy Color Diamond Index is published by the non-profit Fancy Color Research Foundation (FCRF), tracking pricing data for Yellow, Pink, and Blue Fancy Color Diamonds in the major global trading centers – Hong Kong, New York, Geneva and Tel Aviv. For a complete data analysis, please visit www.fcresearch.org