I recorded a macro in Word 2013 to change the font color to red.

Notice the recorded line:
.Color = wdColorRed

Sorry, but I have no explanation why this line does not appear when you record the macro.

With Selection.Font
.name = "Times New Roman"
.Size = 11
.Bold = False
.Italic = False
.Underline = wdUnderlineNone
.UnderlineColor = wdColorAutomatic
.StrikeThrough = False
.DoubleStrikeThrough = False
.Outline = False
.Emboss = False
.Shadow = False
.Hidden = False
.SmallCaps = False
.AllCaps = False
.Color = wdColorRed
.Engrave = False
.Superscript = False
.Subscript = False
.Spacing = 0
.Scaling = 100
.Position = 0
.Kerning = 0
.Animation = wdAnimationNone
.Ligatures = wdLigaturesNone
.NumberSpacing = wdNumberSpacingDefault
.NumberForm = wdNumberFormDefault
.StylisticSet = wdStylisticSetDefault
.ContextualAlternates = 0
End With