JB Insights

Fancy Color Diamonds are rewriting the rules of luxury investing

Published

11 months ago

May 27, 2025

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In a year when the traditional diamond market is under pressure, a dazzling niche is quietly rewriting the rules of luxury investing: fancy color diamonds. From the cerulean depths of the “Mediterranean Blue” to the rarest blushes of pink, these gems are captivating collectors, connoisseurs, and investors alike—proving that true beauty, especially when rare, never goes out of style.

A Market Apart: The Allure of Rarity

While white diamonds are facing plummeting prices and dwindling demand, fancy color diamonds are enjoying a renaissance. Just last week, Sotheby’s sold the 10-carat “The Mediterranean Blue” diamond for a staggering $21 million, underscoring the robust appetite for these vibrant stones.

With fewer diamonds being mined every year, access—not just choice—is becoming the new luxury. Investors are increasingly turning to fancy colors because fewer and fewer diamonds are being mined today. We are approaching a point where acquiring a fancy color diamond will no longer be about choice, but about having accessThese diamonds continue to stand out as the ultimate way to preserve and protect wealth. They have always been a remarkable investment, and as time goes on, this asset class only proves its stability and long-term value.

Pink Diamonds: The Ultimate Trophy

Among fancy colors, pink diamonds are the uncontested queens. Their supply has been dramatically reduced in recent years. The legendary Argyle mine, once the world’s largest source of pink diamonds, closed in 2020. Sanctions on Russian diamonds have further squeezed the market, particularly for purples and other rare hues from the Sakha Republic.

A recent GIA survey of 90,000 certified fancy color diamonds revealed that a mere quarter of pinks possess the coveted Type IIa purity—diamonds virtually free of nitrogen, often with an ethereal glow. The rarest pinks, like those from India’s Golconda mines, owe their color to nitrogen, while the vast majority—99.5%—are colored by “plastic deformation,” a phenomenon where immense subterranean pressure creates those signature graining lines and breathtaking shades.

The Investment Case: Beauty, Rarity, and Resilience

As global uncertainty grows, fancy color diamonds are emerging as a new safe haven for wealth. Their price performance, scarcity, and timeless glamour make them irresistible. Auction houses are seeing healthy, stable demand, and private sales are thriving. The urgency to secure these gems is palpable, with buyers increasingly viewing them as both wearable art and a shield against volatility.

The Verdict

In an era where rarity reigns supreme and beauty is an asset class, fancy color diamonds are more than just jewels—they’re a statement, an investment, and a legacy. For those seeking the ultimate in exclusivity, the message is clear: the time to fall in love with color is now.

JB Insights

Top 10 India’s Jewellery Traditions: Where Craft Becomes Identity

-By JewelBuzz
From Centuries-Old Techniques To Regional Artistry, These 10 Jewellery Traditions Reflect India’s Cultural Legacy, Craftsmanship, and Enduring Human Touch

Published

1 day ago

April 27, 2026

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India’s jewellery is far more than ornamentation—it is a reflection of identity, heritage, and regional storytelling. Across the country, every piece carries the imprint of its origin, shaped by local traditions, cultural influences, and generations of skilled artisans. From intricate silverwork to vibrant enamel detailing, these designs are deeply tied to the communities that create them.

What sets Indian jewellery apart is its deep-rooted connection to time and tradition. These crafts were not born in factories but evolved within homes and workshops, passed down through families and perfected over centuries. Each technique reflects patience, precision, and human touch, making every creation unique and meaningful.

In today’s fast-paced world of mass production and uniform design, these traditional jewellery forms stand as a reminder of authentic craftsmanship and enduring legacy. They are not just objects of beauty but living traditions, preserving stories of culture, survival, and artistic excellence that continue to define India’s diverse identity.

Top 10 Regional Jewellery Traditions

Silver Filigree, Cuttack (Odisha)

Delicate like lace, yet crafted entirely from silver, this art—known as Tarakasi—dates back to the 13th century. Artisans twist ultra-fine silver wires into intricate patterns.
The process requires immense precision, often taking days to complete a single piece. It is widely used in creating decorative items, bridal jewellery, and heritage collectibles.

Gulabi Meenakari, Varanasi (Uttar Pradesh)

Jewellery that appears hand-painted, known for its signature pink enamel work. The craft involves fusing metal oxides onto gold and silver at high temperatures. Its distinctive pastel hues set it apart from other meenakari styles in India. The craft flourished under royal patronage and remains closely associated with Varanasi’s artistic legacy.

Thewa, Pratapgarh (Rajasthan)

A unique technique where intricately carved gold sheets are fused onto coloured glass, often depicting royal hunts, folklore, and nature.
Each piece is handcrafted using age-old skills preserved within artisan families. The vibrant glass backgrounds—typically red, green, or blue—enhance its regal appeal.

Hupari Silver Jewellery, Kolhapur (Maharashtra)

In Hupari, jewellery-making is a family tradition. Known for durability and fine detailing, each piece reflects generational skill. The town is one of India’s largest hubs for handcrafted silver jewellery. Its artisans are known for blending traditional motifs with contemporary designs.

Karimnagar Silver Filigree (Telangana)

Distinct from Cuttack’s style, this form features bolder motifs like peacocks, swans, and geometric patterns, giving it a unique identity.
The craft often produces statement pieces and decorative artefacts. It has been recognised for its craftsmanship and continues to support local artisan communities.

Hyderabad Lac Bangles (Telangana)

Crafted using heated lac, these bangles are hand-moulded and studded with stones, making them vibrant and deeply tied to bridal traditions.
They are especially popular during weddings and festive occasions. The process involves multiple stages of heating, shaping, and embellishment by skilled craftsmen.

Axomiya Gohona (Assam)

Traditional Assamese jewellery made primarily in gold, featuring motifs like junbiri (crescent moon), dholbiri, and lokaparo, is inspired by nature and Ahom-era royalty.
These pieces are often worn during festivals like Bihu and weddings. The bold designs reflect Assam’s rich cultural symbolism and heritage.

Temple Jewellery of Nagercoil (Tamil Nadu)

Originally designed for temple idols, now worn by Bharatanatyam dancers and brides, often depicting gods, goddesses, and temple architecture.
Crafted mainly in gold, these pieces are known for their antique finish and intricate carvings. They remain an essential part of South Indian bridal trousseaus.

Agates of Cambay (Gujarat)

Crafted in Khambhat, artisans heat, dye, and polish agate stones into beads and jewellery. This is a 4,000-year-old craft with global appeal.
Khambhat has been a historic trading centre for agates since ancient times. The finished stones are exported worldwide for use in jewellery and decorative items.

Odisha Brass & Bell Metal Tribal Jewellery

Created using age-old casting techniques, molten metal is hand-poured into moulds to form bold, earthy ornaments that reflect tribal identity and rituals.
These pieces are deeply symbolic, often representing social status and community traditions. The raw, rustic aesthetic makes them distinct from mainstream jewellery styles.

These jewellery traditions are more than decorative forms—they are living expressions of India’s cultural identity and craftsmanship. Each piece carries the legacy of its region, shaped by generations of artisans, local narratives, and time-honoured techniques.

As the industry evolves, the value of these traditions lies in their authenticity, individuality, and human touch—qualities that cannot be replicated by mass production. Preserving them is not just about sustaining craft, but about protecting heritage and supporting artisan communities.

In celebrating these traditions, we don’t just admire their beauty—we honour the stories, skills, and identities that continue to define India’s jewellery landscape.