Diamond color refers to the presence or absence of color in a diamond. While most diamonds appear to be colorless, they often have some degree of yellow or brown tint. Most diamond grading labs grade diamonds on a spectrum of D to Z, with D being a diamond which is colorless.
The higher rated the diamond is on the spectrum (closer to D) the more valuable it will be (assuming the other factors are the same), unless it is a fancy colored diamond which are graded on a different scale.
The color grading scale as mentioned before ranges from D (colorless) to Z (light yellow or brown).
The right type of setting can significantly influence how a diamond’s color is perceived. Matching the metal to the diamond’s hue can either highlight its color or mask any tint allowing you to make the most of your stone.
In most cases, diamonds are valued for their lack of color, but fancy color diamonds are prized for their vivid hues. These diamonds contain trace amounts of certain elements during the formation process of the diamond, resulting in a unique color. They are rarer than colorless diamonds, especially the diamonds which have an intense color. These diamonds come in an array of colors, including yellow, pink, blue, green, brown, orange, purple and even red. Red diamonds are the rarest color, with an estimated 20 to 30 authentic red diamonds that are known to exist.