Editor’s Note
The Fancy Colour Diamond Index has declined for a fifth consecutive quarter, according to new data. While the market remains in a downturn, analysts point to signs of potential stabilisation.
The Fancy Colour Research Foundation (FCRF) has reported a fifth consecutive quarterly decline in fancy colour diamond prices, with its Q2 2025 Fancy Colour Diamond Index falling by 0.5%. Despite the sustained downturn, the Foundation notes encouraging signs of market stabilisation.
Following a 0.3% dip in Q1 and a 1.1% fall in Q4 2024, the cumulative impact has led to the steepest annual decline since the index’s inception in 2014—a 2.2% drop in 2024. However, analysts at the New York-based FCRF suggest the trend may be shifting, citing recovery in select segments, especially vivid pink and blue diamonds.
A closer look at Q2 data shows:
– Pink diamonds (across all sizes and intensities) declined by 0.4%, slightly more than Q1’s 0.1%.
– Blue diamonds fell by 0.3%, improving from a 0.5% drop in the previous quarter.
– Yellow diamonds continued their decline, down 0.7%, mirroring the Q1 figure.
Among individual categories, the 1.5-carat Fancy Vivid Blue was the strongest performer, registering a 3.01% price increase, while the 3-carat Fancy Intense Yellow saw the sharpest drop, down 3.00%.
While global economic indicators across equity and commodity markets remain generally positive, the fancy colour diamond sector continues to show selectivity and restraint, according to FCRF.