Does the color grade of a diamond affect the amount of fire a diamond has? From what I have been reading cut has a lot to do with fire but does a D colored diamond have less fire than a H colored diamond because the diamond itself is whiter? I have a D colored diamond. It throws around lots of white light and not so much colored light. I don''t mind it that way at all but I was just wondering why. My old diamond was a G and it did have a little bit more fire.