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.
The U.S. imported $36.8 million worth of rough diamonds in March, declining 18.4% from last year. Net imports dropped 87.9% to just $3.1 million, based on the latest data from the department of commerce.
