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The Fancy Color Research Foundation (FCRF) announced today 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.

Comparing this quarter to the corresponding quarter in 2018, Pink diamonds showed an upturn of 0.4% in Q2 2019, compared to a 0.5% decrease in Q2 2018. Yellow diamonds displayed a decline of 0.8% vis-a-vis the 0.2% increase in Q2 2018. Blue diamonds showed a 0.3% decrease in Q2 2019 compared to a 1.5% increase in the same quarter in 2018.

Pink
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.

Blue
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.

Yellow
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.

Category Q2/19 vs. Q1/19 Q2/19 vs. Q2/18
All Fancy Color Diamonds -0.1% -0.1%
All Yellow Fancy Color Diamonds -0.8% -4.4%
All Pink Fancy Color Diamonds 0.4% 1.5%
All Blue Fancy Color Diamonds -0.3% 1.1%

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..."

The Fancy Color Diamond Index is published by the non-profit Fancy Color Research Foundation (FCRF), tracking pricing data for Yellow, Pink, and Blue fancy color diamonds in major global trading centers – Hong Kong, New York, Geneva and Tel Aviv.