Natural Color diamonds, which have Natural pink, blue, yellow, and other brilliant hues, will continue to be closely seeking by collectors and investors in 2019, according to Russian diamond group Alrosa.
“Colored diamonds appreciate even in turbulent times against the backdrop of the instability of the world economy,” says Yuri Okoyemov, vice president at Alrosa, the world’s largest diamond mining company by volume. “We expect fancy diamonds to become ever more popular investments in the near future.”
While all fancy pink diamonds gained only 0.5% in value in the third quarter of 2018, their valuations will likely grow faster in the coming years due to an expected shortage of supply, according to Okoyemov.
The Argyle Diamond Mine in Australia, a source of over 90% of pink diamonds in the world, is set to close by 2020.
Rare fancy pink diamonds have also set records at auction in recent years.
The Pink Star diamond has become the world's most expensive gemstone, selling at auction for $71.2 million (£57.3 million) including the buyer's premium.
The 59.60-carat pink diamond is the largest Internally Flawless, Fancy Vivid pink diamond ever graded by the GIA, and sold for above its estimate of $60 million (£48.3 million) at Sotheby's in Hong Kong.
It breaks the record previously held by the Oppenheimer Blue diamond, which sold for $57.5 million at Christie's in Geneva. It has also become the highest priced item ever sold at auction in Asia.
We have a Range of Natural Pink and Yellow Diamonds Crafted in 18K Gold Jewelry. We Produce The Jewelry Under the Brand Name of C³ (C-Cube). Every Piece of Our Jewelry Contains The C³ (C-Cube) Collate which is Produced through Patent filed Manufacturing Process. The Collate Contains Natural Diamonds made from a Cluster Settings Pie Cut Concept.
Yellow diamonds saw their overall value rise by 1.6% in the third quarter of 2018, according to the Fancy Color Research Foundation.
Only one in every 10,000 gem-quality diamonds has a natural color. Depending on the intensity of the colors, colored diamonds can be even more valuable than white (or colorless) diamonds, which are considered to be of the highest quality.