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
1,500 Offices Projected to be Operational at the SDB Within the Next 12 Months
SDB to be Biggest CVD Diamond Hub in Next Two Years: Gujarat Deputy CM
The Surat Diamond Bourse (SDB) is on track to become the world’s preeminent center for CVD lab-grown diamonds within two years, according to Gujarat Deputy Chief Minister Harsh Sanghavi. The shift signals an aggressive pivot in the gemstone industry as the facility targets dominance in Chemical Vapor Deposition (CVD) technology.
Roughly 1,500 offices are projected to be operational at the SDB within the next 12 months. 500 new offices are slated to open their doors over the next five months. Daily registrations at the bourse are currently averaging between 2,800 and 3,200 people, a metric officials point to as evidence of accelerating commercial momentum.
Speaking during a visit to the bourse’s Khajod campus on Saturday, Sanghavi suggested that the historic gravity of the diamond trade is shifting from Mumbai to Surat. The move is fueled by rapid infrastructure development and a growing migration of traders to the newer, sprawling complex in Gujarat.
The regional government is positioning the SDB ecosystem. Sanghavi noted that rough diamond traders are expected to establish a presence within four months, a move intended to consolidate the entire supply chain—from raw stones to finished, polished jewelry—under a single roof.
The rise of the SDB comes as lab-grown diamonds continue to gain market share from natural stones, offering a lower-cost alternative that has found significant traction in the U.S. and European retail markets. By centering its strategy on CVD technology, Surat is betting that the future of the industry lies in the laboratory rather than the mine.
-
International News1 hour agoPrecious Metals Rally On US-Iran Ceasefire: Gold Tops $4,850, Silver Jumps To $76
-
National News48 minutes agoPNGS Reva Diamond Jewellery Limited Posts Record Q4 FY26, Nearly Doubles Core Diamond Business Year-on-Year
-
New Premises21 hours agoP. N. Gadgil & Sons Expands in Pune with New Store at Tribeca Highstreet; Launches 9KT Collection
-
DiamondBuzz46 minutes ago1,500 Offices Projected to be Operational at the SDB Within the Next 12 Months


