The Fancy Color Diamond Index (FCDI) for Q3 2019 showed a decrease of 0.5% in overall Fancy Color prices, driven by a 1.5% decline in the prices of Yellow diamonds. Prices of Blues and Pinks stood firm.
As in the past 12 months, in the third quarter, the Fancy Vivid category outperformed (0.1%) the Fancy Intense (-0.5%) and Fancy (-1.0%) categories.
In comparison to the corresponding quarter in 2018, the Q3 FCDI indicates that the Fancy Vivid Blue 2 ct category increased by 6.9%, the Fancy Vivid Yellow 8 ct category decreased by 9.5% and the Fancy Vivid Pink 5 ct category showed an increase of 5%.
Pink
The prices of Pinks remained stable this quarter, with a mixed behavior in different categories, which resulted in a slight decrease of 0.1% overall, mainly due to a decrease of 3% in the 5 ct Fancy Pink category. However, all Fancy Vivid Pinks rose by 0.4%, with Fancy Vivid Pinks of 1 and 3 ct categories increasing by 1.6% and 1.7%, respectively.
Blue
The Blue diamond prices remained balanced in Q3, with a 0.1% increase. The sharpest increase in Q3 was presented by the 1.5 ct Fancy Vivid Blue category (2.1%). Over the past 12 months, the price of this category appreciated by 10.6%. Interestingly, the sharpest drop during this quarter (-2.2%) was in the 1.5 ct Fancy Intense Blue category.
Yellow
Generally the prices of Yellow diamonds decreased by 1.5% in the current quarter. The most distinct price decrease of 3.5% was in the 3 ct Fancy Vivid Yellow category. The only category not presenting a depreciation was the 2 ct Fancy Intense Yellow.