DIAMOND DATA – Fancy Color Diamond Index shows overall rise, leads most global indices in Q2 2022


The Fancy Color Research Foundation (FCRF) announced the results of the Q2 2022 Fancy Color Diamond Index (FCDI). The price rise in all colors and sizes of fancy color diamonds continued this quarter, with an average increase of 0.8%. This upward trend is apparent compared to other global indices, such as the Dow Jones -11.3%, the S&P -16.4%, gold -6.7%, and white diamonds -4.0%.

Fancy Vivids across all color categories showed an increase of 1%, with a rise of 2.6% over the past 12 months. The Fancy and Fancy Intense categories showed an increase of 0.7% and 0.8% respectively, with a 3.5% and 3.2% rise over the past 12 months.

Fancy Vivids


The Yellow segment rose overall by 0.9% in Q2, led by an increase of 1.5% in the Fancy category, and 1.2% in the Fancy Intense category. The most noticeable increase is in the Fancy 8 ct category (4.9%), while the 5 ct and 8 ct in all intensities rose by 2.1% and 1.6%, respectively. This quarter, the weakest performance was in Fancy Intense 1.5 carat (-0.8%).


Pink diamonds rose overall by 0.8%, driven mainly by the Fancy Vivid category that increased by 1.5%, and the Fancy Vivid 10 ct and Fancy 2 ct categories, both of which rose by 0.9%. The biggest increase over the past 12 months was seen in the Fancy 5 ct category (6.3%). The only significant decrease this quarter was in the Fancy 8 ct with a -1.3% decrease.


10 ct Blues of all intensities showed the highest rise (2.1%), with the Fancy 10 ct category rising by 2.2% this quarter and the Fancy Vivid 10 ct category a close second (2.1%). The Fancy Intense 1 ct category rose most during the past year (5.2%), outperforming Fancy 1 ct and Fancy Vivid 1 ct, which rose by 1.1% and 1.6% over the past 12 months, respectively. No categories decreased by over one percent this quarter, with the closest being a -0.8% drop in the Fancy 3 ct category.

For a complete data analysis, please visit www.fcresearch.org

FCRF Board member Ishaia Gol explained:

“It is evident that the increase in prices is driven by two market forces that haven’t occurred simultaneously in quite some time: That is, high demand for fancy color diamonds on the retail side, and fierce competition on rough in tenders.”