Yellow diamonds currently possess the highest market demand of all other colored diamonds in the market. One of the most significant trendsetting factors is of several celebrities flaunting their Yellow Diamond jewelry, thus, rapidly increasing their popularity. For instance, after Hollywood celebrity Paris Hilton got engaged with a large canary yellow diamond engagement ring, the demand for colored diamonds saw a dramatic rise.
Though colored diamonds can be quite expensive due to their rarity, yellow diamonds can be quite affordable, and sometimes cost less than a colorless diamond of the same quality.
Moreover, its unique characteristics have made yellow diamonds highly-sought-after. Like other natural fancy colored diamonds, the colors are a result of the compound element within the structure of the stone. The stones with a deeper yellow hue are often the result of more Nitrogen in the mix.
Owing to their varying hues, yellow diamonds have come to be known by many nicknames. Many refer to yellow diamonds as Canary, as in a Canary Yellow Diamond, while some use the name Zimmy. A Canary yellow diamond refers to only a yellow stone with a very rich, high-intensity yellow or fancy vivid yellow. The term Zimmy, used often when referring to a vivid yellow with a deeper hue, refers to extraordinary vivid yellow diamonds which originated from the Zimmy mine located in Sierra Leone, Africa.
Yellow diamonds, among all other colored ones, are found less than one-thousandth of the time compared to a white stone. That is, only 0.0001 percent of mined diamonds are found in fancy colors. Yellow diamonds happen to be among the more commonly found colors in this category, produced largely in Australia, Angola, Brazil, Borneo, Congo, and Sierra Leone.
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