DiamondBuzz
Fancy-Color Diamond Prices Dip Slightly Amid Global Trade Tensions
Market shows resilience despite U.S. tariff concerns, with vivid pink diamonds leading both gains and losses.
Prices of fancy-color diamonds declined modestly by 0.3% in Q1 compared to the previous quarter, as cautious consumer sentiment persists in light of looming U.S. tariffs, according to the Fancy Color Research Foundation (FCRF). Pink diamonds saw the smallest dip at 0.1%, with larger stones in the fancy-vivid category performing strongly—10-carat stones rose by 3%, while 5-carat stones were up 1.1%. However, 1.5-carat fancy-vivid-pink diamonds recorded a 2.3% drop, ranking among the quarter’s biggest losers.
Blue fancy-color diamond prices edged down 0.5%, reflecting a stable market trend, while yellow diamonds fell 0.7%. The most significant drop came from the 3-carat fancy-intense yellow, which declined 3%.
Despite short-term fluctuations, the long-term trend remains positive: since 2005, pink diamond prices have soared 394%, blues have risen 242%, and yellows have gained 49%.
“While global trade anxieties — particularly around renewed US tariff proposals — have undoubtedly created caution across luxury sectors, the fancy-color diamond market remained impressively composed,” said FCRF CEO Roy Safit. “In fact, given the sharp rhetoric around import duties and reshoring, many expected a more dramatic correction. Instead, the data shows a contained, strategic repositioning. It speaks to the market’s growing maturity and the defensive appeal of vivid-color diamonds.”
DiamondBuzz
Susie Dewey Appointed Chief Marketing Officer At Natural Diamond Council
Seasoned Global Marketer Joins To Elevate The Narrative Of Natural Diamonds and Drive Cultural Relevance Worldwide
The Natural Diamond Council today announces the appointment of Susie Dewey as Chief Marketing Officer (CMO), marking a significant step forward in strengthening its global marketing leadership and cultural influence.
Susie joins the organisation with over 17 years of experience shaping and evolving globally recognised fashion and lifestyle brands. She has held senior leadership roles across internationally renowned companies, including Tapestry, NET-A-PORTER and Michael Kors, following an early career in PR at Topshop and Burberry.
Throughout her career, Susie has led integrated marketing strategies, global partnerships and high-profile brand activations—building a strong track record of driving brand growth, customer acquisition and cultural relevance across international markets.
In her role as CMO, Susie will lead the Natural Diamond Council’s global marketing and communications strategy, further elevating the narrative of natural diamonds and strengthening the organisation’s position at the intersection of culture, creativity and impact.
Susie brings an integrated approach to modern marketing, combining creative and commercial thinking to translate brand vision into insight-led campaigns that deliver measurable business impact. Known for her instinctive understanding of brand building, she has consistently positioned brands at the centre of cultural conversations.
A collaborative and emotionally intelligent leader, Susie is deeply committed to building high-performing teams and fostering environments where talent can thrive.
– Amber Pepper, CEO, National Diamond Council
“Susie’s appointment marks an exciting moment for the Natural Diamond Council. Her ability to connect brand, culture and commercial impact makes her exceptionally well placed to lead our global marketing efforts.”
– Susie Dewey, CMO, National Diamond Council
“I’m incredibly excited to join the Natural Diamond Council at such a pivotal time. The opportunity to shape the global narrative around natural diamonds is one I’m truly passionate about.”
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