Russia to continue buying diamonds through state fund in 2025
The Russian budget for 2025-2027 has set aside $1.55 billion for the purchase of precious metals and gems.
Any analysis of the 2010 diamond pipeline will need to focus on at least three factors: replenishment throughout the value chain, enormous speculation in rough fuelled by an overabundance of Indian banking credit and – for the first time in a major way – the recycling of diamonds
