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FIGURE 1

  Yellow is steady as you go


November 20, 2012


In a report in this issue of the Gem Color Report, the esteemed Wall Street Journal has declared yellow to be the new color of luxury. For our part, in our January, May and July 2012 newsletter, we have been following price trends for yellow colored diamonds, taking periodical looks at how the market has been reacting. Four months after our last examination, we have decided that it would be a good opportunity to follow up on our promise to revisit the issue.

We base the new price trends analysis on more than 7,000 yellow colored diamonds and $133 millions worth of goods available in Gemewizard®'s database. The analysis covers prices of yellow colored diamonds in weight groups of 0.5-ct., 1.0-ct., 1.5-ct., 2.0-ct., 3.0-ct. and 5cts. and in the Fancy Light to Fancy Vivid grades. Such analyses, as well as others like this, are performed on all other fancy colors in our vast database. We do this periodically in order to keep the GemePrice™ pricing system up to date.

The analysis shows steady trends in yellow colored diamonds. Viewing the results in Figure 1, we see that almost all of the sizes and grades showed only nominal month-to-month percentage changes, ranging from -0.7% to +0.4%. These insignificant movements point to a stable market, where supply is managing to keep up with demand.

The only exception to the rule of stable prices across the board mentioned above was in the category of the 5.00-9.99-ct. Fancy Light Yellow diamonds. This category showed a steeper, although not dramatic, decline of 1.54%. But in stones of these sizes it could mean up to hundreds of dollars differences in price.

The analysis convinced us to keep the published prices of the Yellow fancy colored diamonds in GemePrice unchanged for the time being. We will continue to monitor the large stones category in case any significant changes occur.

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