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Yellow diamond prices seen to rise in 2019

12 February 2019


 

Prices of highly sought-after fancy vivid yellow diamonds are expected to increase slightly this year owing to tighter supply, the Fancy Color Research Foundation (FCRF) reported.

Jim Pounds, FCRF advisory board member, commented, “In the last three years, we witnessed a substantial amount of vivid yellows coming to the market, mainly from the ‘Misery’ Pipe at the Ekati mine in Canada. However as the mine transitions from open pit to underground mining, a substantially reduced amount of stones will be available in 2019. Therefore we anticipate a slight increase in vivid yellow prices.”

Prices of fancy colour diamonds remained stable throughout 2018, the foundation also reported.

The Fancy Color Diamond Index (FCDI) indicated that fourth quarter prices of fancy blue diamonds increased by 0.8 percent while fancy intense blues went up 1.9 percent. Pink diamond prices remained stable while prices of pinks in the 2-carat category rose 1.1 percent, led by fancy vivid pinks. Prices of 10-carat fancy pinks dropped 0.8 percent.

Fancy yellow diamond prices were down 1.5 percent, with fancy vivid yellow under the 5-carat category registering a 1.2 increase.

In 2018, the FCDI was up 0.2 percent, with blue diamond prices growing by 4.1 percent (1 to 1.5 carats up by 9.1 percent); and yellow prices sliding 2.1 percent (fancy yellow decreased 3.9 percent). Pink prices remained stable.

All fancy intense and fancy vivid diamonds increased by 0.7 percent and 1.5 percent, respectively, while the fancy category decreased by 1.4 percent.

 

Source: FCRF

Category

Q4/18 vs. Q3/18

Q4/18 vs. Q4/17

All fancy colour diamonds

-0.1%

0.2%

All yellow fancy colour diamonds

(1.2%)

(2.1%)

All pink fancy colour diamonds

0.2%

0.1%

All blue fancy colour diamonds

0.8%

4.1%