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.
Online retailer Bidz reported a 7.1 percent decline in net revenues for the third quarter totaling $20.3 million. Bidz.com revenues declined because of lower demand for discretionary items, specifically jewelry, the company said on Monday.
