The New York-based Fancy Color Research Foundation (FCRF) announced that fancy-coloured diamond prices increased in the second quarter of 2022 as demand strengthened and supply became tight.
The Fancy Color Diamond Index gained 0.8 percent compared with the first quarter and was 3.1 percent higher than during the second quarter of 2021, according to the organisation.
FCRF board member Ishaia Gol said in a statement: “It is evident that the increase in prices is driven by two market forces that haven’t occurred simultaneously in quite some time. That is, high demand for fancy-coloured diamonds on the retail side, and fierce competition on rough in tenders.”
Prices of yellow fancy-coloured diamonds increased 0.9 percent compared with the previous quarter, while pinks rose 0.8 percent and blues edged up 0.6 percent. The best performers were eight-carat fancy yellows, two-carat fancy-intense yellows, and five-carat fancy-vivid yellows.
10-08-2022
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