Waiting for Godot?: Botswana Diamonds awaits Zim kimberlite concessions application outcome

Diamond explorer, Botswana Diamonds applied for kimberlite concessions in the Northwest of Zimbabwe in late 2020. Company managing director James Campbell told Rough&Polished’s Mathew Nyaungwa in an exclusive interview that they are still waiting for...

16 may 2022

“The demand far exceeds the supply,” says Dev Shetty, Founder-President & CEO of Fura Gems

In 2017, after a decade as chief operating officer and board member at Gemfields a coloured gemstone mining company, Dev Shetty took the courageous step of starting, from scratch, a mining company. He named it FURA Gems. Today, it is one of the largest...

09 may 2022

Igor Kulichik: The diamond market is now in the initial phase of turbulence

Igor Kulichik is a well-known expert in the diamond market. He has worked in the diamond industry for 20 years: he was CFO of ALROSA from 2002 to 2017, and a member of the Board of Directors of AGD Diamonds from 2018 to 2022. He is also a member of the...

02 may 2022

There is a classic phrase: “Art is an Ambassador of Peace.” And this is true

Chief Expert of the Gokhran (State Valuables Depository) of Russia Veronika Voldaeva, Art History Ph.D., Honored Worker of Culture of the Russian Federation, author and compiler of the decorative and applied section of the Gokhran’s collection...

25 april 2022

DiaMondaine Diamond Club: Fostering cross-industry networking, ethical sourcing and transparency

The diamond industry had been promoting a culture of ethical sourcing and transparency as studies have time and again revealed that consumers, particularly the younger generation, are increasingly concerned about such matters. DiaMondaine Diamond Club...

18 april 2022

Pink diamonds outperform blues and yellows in Q2 2019

02 august 2019

The Fancy Color Research Foundation (FCRF) has announced the results of the Q2 2019 Fancy Color Diamond Index (FCDI). The FCDI indicates a decrease of 0.1% in overall prices of Fancy Color Diamonds in Q2 2019. Pink diamonds continued to rise, while prices of Blues and Yellows declined.

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       Image credit: FCRF


According to FCRF, Pink diamonds showed an upturn of 0.4% in Q2 2019, compared to a 0.5% decrease in Q2 2018. The Pink category continued to outperform all other categories, showing an increase of 0.4%. All Fancy Vivid Pinks rose by 1.3%, with Fancy Vivid Pinks of 2 and 3 carats showing a rise in the second quarter of 2019, increasing by 2.8% and 2.6%, respectively. However, Pink diamonds of 1 and 1.5 carats presented a price decrease of 0.7% and 0.2%, respectively.
Yellow diamonds displayed a decline of 0.8% vis-a-vis the 0.2% increase in Q2 2018. The prices of Yellow diamonds declined by 0.8% overall in this quarter, primarily influenced by the 1-3 carats categories, with the sharpest downturn of 2.7% in the 1 carat category. However, the Fancy Yellow 8 carat category had a surprising upturn of 2.1%, compared to a 4.8% decrease in Q1 2019.
Blue diamonds showed a 0.3% decrease in Q2 2019 compared to a 1.5% increase in the same quarter in 2018. Blue diamond prices decreased overall by 0.3%, affected mainly by the decline of 0.9% in the weight category of 8-10 carats. All Blue diamonds of 1-3 carats presented a distinct increase, with the appreciation of 2.3% in the 1.5 carat category, in all saturations levels. The highest rise of 4.8% is in the 1.5 carat Fancy Vivid Blue.
FCRF Advisory Board member Eden Rachminov said: “The recent price declines in the white goods created an overall negative psychological effect on all diamonds. This is probably the reason we also witnessed a decline of 0.1% in the Fancy Color Index. Definitely a good time to buy now...”

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