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Pink Diamonds Show Strongest Price Growth


Prices of pink fancy-color diamonds outperformed other major color categories during the second quarter, the Fancy Color Research Foundation (FCRF) said. Prices of pinks rose 0.4% quarter on quarter for the three months ending June 30, according to the FCRF, which released its quarterly Fancy Color Diamond Index (FCDI) last week. By contrast, prices of blue fancy-color diamonds declined 0.3% compared with the first quarter, while yellows slid 0.8%, the organization said. The overall index for fancy-color diamonds slipped 0.1%. The fancy-vivid-pink category saw a price increase of 1.3%. Within that division, 2-carat fancy-vivid pinks rose 2.8%, while those weighing 3 carats climbed 2.6%. However, prices of 1-carat pink diamonds dropped 0.7%, with 1.5-carat stones falling 0.2%. The rise in pink prices is likely attributable to media coverage surrounding the upcoming closure of