Fancy Color Research Foundation Aims for Transparency

Market Analysis
20/04/2015 12:12

Eden Rachminov from the Fancy Color Research Foundation says they aim to bring pricing transparency to the coloured diamond trade with its fancy color diamond index —a first-of-its-kind tracker designed to monitor changes in pink, yellow and blue fancy diamonds. He says that the fancy color diamond as "an alternative asset class ... has exhibited strong growth. Between 2005 and 2014, pink, yellow and blue diamonds have increased in value by a startling 167% on average, a statistic which reveals not just an increased awareness of the strong investment po tential that these stones possess, but a new appetite for fancy colour diamonds in jewellery."