Yellow Diamonds: The Rising Star in High Jewelry

In a world where trends are set and reset at the speed of light, the investment in high jewelry, particularly in yellow diamonds, has formed a new constellation in the sky of luxury.

This trend was clearly observable at the recent Haute Couture Week, where leading jewelers like Graff, Messika, De Beers, Chaumet, and Dolce & Gabbana unfurled their breathtaking yellow diamond collections.

Yellow Diamonds: The New Crown Jewel?

South African soprano Pretty Yende's performance at Charles III's coronation, adorned in yellow diamonds, was a vivid illustration of this burgeoning interest. While pink and blue diamonds had their moment in the sun, their market seems to be softening compared to a decade ago.

On the other hand, yellow diamonds have become the new vogue, seen as a promising investment. High jewelry featuring these radiant stones begins its price range at a stunning US$200,000.

The Fancy Color Index and Chinese Buyers

The Fancy Color Research Foundation (FCRF) reported a 77 percent rise in the value of natural-colored diamonds between 2010 and 2019, with fancy pink diamonds at the forefront.

However, yellow diamonds have witnessed a growing demand, especially among Chinese buyers. According to FCRF CEO Miri Chen, they represent a third of the global market.

High Jewelry: The Investment Comparable to Fine Art

High jewelry stands as a valuable investment, akin to fine art, with some pieces commanding tens of millions of dollars at auctions. The closure of the Argyle mine in Western Australia, a significant source of fancy colored diamonds, has introduced a factor of rarity, thereby increasing the appeal of these stones. The announcement of Rio Tinto's new Beyond Rare tender has created a buzz in the diamond industry.

While the market dynamics for colored diamonds fluctuate, yellow diamonds currently enjoy a moment of increased interest and investment, bolstered by the influence of celebrities and trends set on social media. The spotlight on yellow diamonds promises to shine brightly into the future, painting a sunny forecast for this corner of the high jewelry market.