Steps to reproduce:

1) Download attached project 'Tests.zip' and open in Unity
2) Open scene 'bug'
3) Select 'Particle System' particleSystem in the Hierarchy window
4) Change position on the X axis in the Inspector or use Gizmo in the Scene view
Observe that color is changing by the global value

Expected result: Color should not change by global value (check attached video 'expected.mp4')
Actual result: Color of the Shuriken is changed by the global value, instead of local (check attached video 'actual.mp4')

Reproduced with:
2017.1.0b2, 2017.1.1p2, 2017.2.0f1, 2017.3.0b1

Not reproduced with:
5.6.3p3, 2017.1.0b1

Regression since:
2017.1.0b2