Colorless diamonds as an investment class are evolving beyond their traditional ability to preserve, relocate and pass on wealth

Antonio Cecere, the Founder & VP of Monaco Diamond Exchange dons many caps simultaneously. Currently, he is the President of Geneva Diamond Exchange, the President of Diamond Investment Club and the Principal of the Cecere Group. Antonio’s ability to...

15 april 2019

Jewellery with diamonds, even with small ones, sells better than without diamonds

The Yakut jewellery firm Kierge was set up 25 years ago on the basis of the jewellery workshop PKF Yakutrembyttekhnika which, in its turn, was founded way back in the 1970s. Over this period, Kierge turned into a well-established company successfully...

08 april 2019

Lucapa’s Wetherall on the past, present and the future

Lucapa Diamond chief executive Stephen Wetherall recently attended a mining conference, in Cape Town South Africa, where he met Rough & Polished’s Mathew Nyaungwa and granted him an exclusive interview. They discussed Angola’s first international diamond...

01 april 2019

India’s gem and jewellery industry expects the government will consider its demand for lower import duty on raw materials

A go-getter at heart, with an attitude to match, Pramod Kumar Agrawal, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) of India is a man in a hurry. He has not left any stone unturned to bring back the Indian gem & jewellery...

25 march 2019

“Only do business with clients who have impeccable integrity,” suggests Davy Blommaert, banker

Davy Blommaert heads the Diamond Business at National Bank of Fujairah, which falls under the bank’s corporate and institutional banking division. With nearly 10 years of experience in the diamond industry, he was tasked to establish a unit within NBF...

18 march 2019

Fancy Color Diamond price index shows stability in Q4 2018; presented an overall increase by 0.2% in 2018

06 february 2019

The Fancy Color Research Foundation (FCRF) reported that in Q4 2018 Fancy Color Diamond prices showed stability across all sizes and saturation.

 news_06022019_pink.png
    Image credit: FCRF


As per the report, The Fancy Color Diamond Index (FCDI) indicates that in Q4 prices of Blue Fancy Color Diamonds increased by 0.8 %, and Fancy Intense Blues increased by 1.9%. Pink diamond prices remained stable, while 2 carat Pink diamonds carat category rose by 1.1%, led by Fancy Vivid Pink that rose by 2.1% and 10 carat Fancy Pink decreased by 0.8%. In the same period, Yellow Fancy Color diamonds showed a general decrease by 1.5%, with an increase by 1.2% in Fancy Vivid Yellow 5 carat category.
On a yearly basis, in 2018 the Fancy Color Diamond Index increased by 0.2%, with Blue prices up by 4.1% (1 to 1.5 carat up by 9.1%), Yellow prices down by 2.1% (Fancy Yellow decreased by 3.9%) and Pink prices remained stable.
Interestingly in 2018 all Fancy Intense and Fancy Vivid diamonds increased by 0.7% and 1.5%, respectively, while the ‘Fancy’ category decreased by 1.4%.
Jim Pounds, FCRF Advisory Board member, said, “In the last three years we witnessed a substantial amount of vivid yellows coming to market, mainly from the ‘Misery’ Pipe at the Ekati mine in Canada. However as the mine transitions from open pit mining to underground, a substantially reduced amount of stones will be available during 2019. Therefore we anticipate a slight increase in vivid yellow prices.”

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished