Editor’s Note
This article explores the enduring fascination with pink diamonds as we approach 2025, examining how shifting supply dynamics, market forces, and evolving tastes are shaping the future of these exceptionally rare gemstones.

Pink diamonds have long captivated collectors, jewelers, and investors worldwide, owing to their extraordinary beauty, rarity, and unique color. As we approach 2025, the intrigue surrounding these pink gemstones continues to intensify, particularly as changes in mining dynamics, supply, and public tastes reshape the luxury gemstone market. These precious stones occupy a unique position in the industry due to their exceptional hue, limited global supply, and rapidly increasing value. The allure of pink diamonds lies not only in their vivid visual impact—ranging from pale blush to intense magenta—but also in their enigmatic origin and profound rarity. Their beauty, symbolic significance, and outstanding investment value set them apart from other gemstones.
The fascination with pink diamonds is undeniably rooted in their color. The pink diamond color spectrum extends from soft, faint blush tones to deep, intense magenta hues. Unlike most colored diamonds, whose shades are primarily created by the presence of trace elements (such as nitrogen in yellow diamonds or boron in blue diamonds), the coloration of pink diamonds remains partly mysterious and is widely believed to be structural. The scientific consensus is that the pink color arises from a rare type of lattice distortion resulting from immense pressure during the diamond’s formation deep within the Earth’s mantle. This means that the stone’s atoms are physically deformed, altering how light interacts with the diamond and producing that exquisite pink hue. This process is distinct from chemical impurities found in other fancy colored diamonds, making pink diamond color truly unique on a molecular level—and incredibly rare.
When discussing the pink diamond argyle, we must acknowledge Australia’s Argyle Mine, which operated for over three decades (from the 1980s until 2020). This historically significant mine revolutionized the pink diamond market by producing more than 90% of the world’s supply of these unusually colored stones. The Argyle pink diamond is synonymous with deep, vivid pink tones that are unmatched in global gemstone markets. Verifiable provenance from the Argyle mine greatly increases pink diamond value and auction interest. Following Argyle’s closure in 2020, the world’s availability of natural pink diamonds has tightened even further. As a direct result, we have witnessed:
- Substantial increases in pink diamond price since 2020
- Collectability of Argyle-certified stones
- Burgeoning symbolism and aspirational appeal for Argyle pink jewelry
- Heightened focus on new global sources and the rarity of pink diamonds from other regions

While Australia’s Argyle mine remains legendary, newer discoveries in Russia (notably in Yakutia), Africa (Tanzania, South Africa), and Canada have begun to contribute import quantities to the global pink diamond supply. But none have so far eclipsed Argyle’s past scale or its signature color saturation.
Although the closure of the Argyle mine reshaped the global landscape for pink diamond supply, there have been discoveries in Russia, Africa, and Canada that help continue the legacy of these rare stones. Let’s examine how global supply and rarity interplay in 2025:
- Russian Pink Diamonds: The Siberian region, with its mammoth diamond pipes, yields small but notable numbers of pink diamonds. Russian stones are generally lighter in hue than Argyle gems, but with continued technological advances, richer stones may yet be unearthed.
- African Pink Diamonds: Mines in Tanzania and South Africa, although long known for white and yellow diamonds, sporadically yield vibrant pink diamond specimens. However, volumes remain extremely limited.
- Canadian Pink Diamonds: The Victor Mine (Ontario) produced some stones prior to its closure, but production was always low.

Despite these new sources, the global supply of pink diamonds in 2025 remains historically tight, and this extreme rarity underpins astronomical pink diamond price increases in the market.
Pink diamond rarity elevates them among the rarest gemstones on Earth, with profound influence on their price and valuation. In 2025, key drivers of pink diamond value include:
- Limited Global Supply: Less than 0.01% of yearly global diamond production
