"Diamond is the last uncommoditized commodity, and so it’s drawing in many organizations,” said Edahn Golan, the editor in chief of IDEX Online, a provider of diamond industry data. “I assume that by the end of this year there will be a bunch of them out."

“Prices for diamonds below three carats have increased 16.5 percent to 22.5 percent since 2004, according to Edahn Golan, editor in chief of IDEX Online, while those for bigger carat diamonds have increased 98 percent to 191 percent. In 2011, diamonds of all sizes appreciated 17.3 percent on average, Mr. Golan said.

“After adopting modern marketing and trading formats in the past decade, the industry is advancing to the next stage. With online trading, price transparency is slowly coming about. Not all traders like this, but it's happening and inevitable. At the same time, the dominance of De Beers and its ability to influence polished diamond prices by setting rough diamond prices has diminished. As a result, from a supply driven market the diamond pipeline has transformed into a demand driven market.”

“And more are trying to build and promote price benchmarks. Idexonline.com says its own diamond index is up about 39% since 2004. The index tracks 15 stone categories and is derived from an average of 470,000 stones for sale online at a given moment, according to the company's Edahn Golan, who says that averaging baskets of diamond prices can bring gems closer to what's seen in other commodity markets.”

“Compared to other commodities...diamond prices didn't fluctuate that much during the crisis, which is why people are interested," said Edahn Golan, editor-in-chief for IDEX Online. "Many people are trying to buy exceptional stones like the blue, pink, and orange diamonds and very large ones between 20 and 60 carats," Golan said. "They are so unusual that the sheer rareness will maintain its value."

"יהלומים הם הסחורה הלא ממוסחרת האחרונה, ולכן הם מושכים כל כך הרבה ארגונים", אמר עידן גולן, עורך אתר IDEX, המספק נתונים על תעשיית היהלומים. "אני מניח שעד סוף השנה יהיו כמה ארגונים שפעילותם תתמקד בהשקעה ביהלומים".

The story quotes Edahn Golan, the editor-in-chief of INDEX Online, in saying "Diamond is the last uncommoditized commodity, and so it's drawing in may organizations. I assume that by the end of this year there will be a bunch of them out.”

"הוויכוח עכשיו הוא אם תהליך קימברלי יכול להרחיב את המנדט הראשוני שלו ולעסוק גם בסוגיות כאלה. כולם מסכימים שמה שנעשה שם מכוער מוסרית, אבל זימבבואה, שכלפי חוץ יש בה משטר דמוקרטי, היא מדינה חוקית שמוכרת על ידי האו"ם. המקרה שלה שונה מהמקרים של יהלומי דם שנכרו באזורים שהיו בשליטת מורדים או גופים לא חוקיים. השאלה כרגע היא אם תעשיית היהלומים העולמית צריכה להיות הגוף שמבקר ומעניש את זימבבואה".

"This drove leading industry guru Edahn Golan to note that De Beers' Diamond Trading Company was "clearly aware of cashflow problems" associated with limited trade."