Following a challenging year, the first quarter of 2021 proved that fancy color diamond prices are on the rise across the board as things in the USA slowly go back to normal, said the Fancy Color Research Foundation (FCRF).
Prices of Fancy Colour diamonds increased by 0.3% during Q1 2021 with Blues (0.5%) and Pinks (0.4%) marking the direction.
FCRF Data Supplier David Shara said: “As the USA rebounds from Covid-19, we are witnessing an uplift in spirits, which in turn affects the demand for luxury goods. We see now, and will see a continuous rise in prices of fancy colour diamonds.”
|Category||Q1/21 vs. Q4/20 3M 2020||Q4/20 vs. Q4/19 12M 2020|
|All Fancy Colour Diamonds||0.3%||-0.8%|
|All Yellow Fancy Colour Diamonds||-0.2%||-0.3%|
|All Pink Fancy Colour Diamonds||0.4%||-0.9%|
|All Blue Fancy Colour Diamonds||0.5%||-1.3%|
In Q1 2021, Fancy Intense and Fancy Vivid segments both presented an increase of 0.4% in comparison to a slight decrease of 0.2% in the Fancy segment. The noticeable decrease this past quarter was in the Fancy 2 carats category (-1.1%). Conversely, the Fancy Intense 2 carats category presented the highest climb of 2.6% in Q1 2021, followed by the Fancy Intense 3 carats segment increasing by 1.9%