Prices of fancy-color diamonds slid 0.5% in the second quarter, but upward price reversals in several sizes and intensities show initial signs of market stabilization, according to the Fancy Color Research Foundation (FCRF).

Pink prices dipped 0.4% compared with the previous quarter. However, the data points to optimism, with the hue comprising four of the top five climbers, the FCRF said last week. Fancy-vivid-pink diamonds weighing 1 carat increased the most — 1.8% — while 1-carat fancy-intense pinks rose 1.5% and 10-carat fancy-vivid pinks were up 1.2%.  Fancy-vivid pinks weighing 5 carats stole the final slot on the climber list, with a 1.1% bump. 

The fancy-blue segment slid 0.3%, marking an improvement from the 0.5% drop in the first quarter. The 1.50-carat, fancy-vivid blue category topped the list of climbers with a 1.5% increase. Meanwhile, fancy-blue diamonds weighing 8 carats improved by 0.7%, and 1.50-carat, fancy-blue stones held strong following a 0.3% fall in the first quarter.  

Yellow fancy-color prices fell 0.7% and landed four of the “top five sliders” slots. Fancy-intense yellows weighing 3 carats fell 3%; 10-carat fancy yellows slid 2.6%; 2-carat, fancy-intense-yellow diamonds dipped 2.5%; and 1-carat fancy-intense yellows decreased 2.2%

Since the FCRF began collecting data in 2005, yellow-diamond prices have increased 48%, pink diamonds have risen 391%, and blue diamonds have grown 241%. 

Relative to the same period last year, the index decreased 2.4% despite some subgroups experiencing growth. Pink diamonds fell 1.4% year on year, while fancy blues posted a 1.9% decrease, demonstrating relative stability. Yellows slid 5%.