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.
Gold demand in the third quarter of 2011 reached 1,053.9 tons, an increase of 6 percent compared to the same period last year. Demand totaled $57.7 billion, an all-time high in value terms according to the World Gold Council’s (WGC) Gold Demand Trends report for the third quarter of 2011, which was released today (Thursday).
