Demand for large lab-grown polished diamonds will grow in high-income countries

Anastasia Shramko is an expert in precious stones, rough and polished diamond market, and an analyst. She is an author of the course “Lab-Grown Diamonds: Gemology and the Market” conducted on the site and in collaboration with the GemAcademia (International...

23 may 2022

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

FCRF: Fancy color diamonds price increases by 0.7% in Q3

09 november 2021
Announcing the results of the Q3 2021, the Fancy Color Research Foundation (FCRF) says in its Fancy Color Diamond Index that prices of fancy color diamonds continue to rise across the board, with a 0.7% increase this quarter, and a 1.1% increase throughout the year. The general increase was led by Blues by 0.8%), with Pinks and Yellows following closely behind by 0.7% and 0.6% respectively.
Pink diamond prices continued to rise in Q3, led by the Fancy and Fancy Vivid grade categories. Fancy Pink 1 carats rose by 1.8% and Fancy Vivid Pink 5 carats rose by 1.7%. The lowest performance was seen in the 3 carat category in the Fancy grade, which decreased by -0.3%.
Blue diamond prices continued to rise in Q3, with the Fancy Vivid Blue category leading the charts: 8 carats rose 2%; 5 carats rose by 1.9%; and 1 carat rose by 1.5%. The Fancy Intense grade category displayed the lowest rise of 0.4%, with 2 carats declining by -1.1%.
Similar to Pinks and Blues, Yellow diamond prices sustained an increase compared to the previous quarter. This is mostly due to appreciation in the 5 to 10 carat weight categories. Among the smaller diamonds, 1 carat Fancy Vivid Yellow stood out, with an increase of 1.9%.
FCRF Advisory Board member Eden Rachminov explained, “This increase was actually expected, as Fancy Color prices were too low for too long. In my opinion, most colors will keep increasing in price over the next two years, especially the yellow category in all grades.”

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