Consumers attracted to diamond jewelry more than ever

Ali Pastorini is the co-owner of Del Lima Jewelry and President of Mujeres Brillantes, an association which brings together more than 1,000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

Yesterday

WDC actively supports initiatives from mine to retail; and also strives for support for the artisanal and small-scale miners - Edward Asscher, President, World Diamond Council

A member of one of the diamond industry and Amsterdam’s most well-known families, Edward Asscher was elected President of the World Diamond Council in June 2020 for a two-year term. Asscher is serving a second time as WDC President, having led the organization...

14 september 2020

Diamonds are one of the few things that have held human fascination in every nook and cranny of the world across time

Dr Usha R. Balakrishnan, a preeminent historian of Indian jewellery based in Mumbai, is Chief Curator of the World Diamond Museum. Being the author and co-author of several volumes of Diamonds Across Time, a new book and an important venture launched...

11 september 2020

Botswana Diamonds to bulk sample KX36 kimberlite, sees commercial potential

Botswana Diamonds recently acquired Petra Diamonds’ exploration assets in Botswana for $300000. The assets that were owned by Petra through its wholly-owned Sekaka Diamonds Exploration, include the KX36 project, a 3.5 hectare kimberlite that was a new...

07 september 2020

Indian diamond industry looks for recovery options

Webinars being the order of the day due to COVID-19 crisis, the Gem & Jewellery Export Promotion Council (GJEPC) of India organized a virtual meeting under its UNCUT 2020 Webinar series on 17 August 2020, inviting all stakeholders to discuss...

31 august 2020

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