The 2025 CIBJO Congress in Paris opened with a series of insightful sessions addressing some of the most pressing issues facing the global jewellery industry—from consumer confusion over natural and synthetic diamonds to the impact of geopolitical tensions, trade tariffs, and sustainability imperatives.
CIBJO President Gaetano Cavalieri inaugurated the event by reflecting on the organisation’s 99-year legacy and its role as “the jewellery industry’s parliament.” As the World Jewellery Confederation approaches its centenary in 2026, he emphasised CIBJO’s continued mission to unite global stakeholders and uphold ethical, educational, and sustainable standards across the supply chain.
In a session on consumer perceptions, panellists including Mahiar Borhanjoo (De Beers Group) and David Kellie (Natural Diamond Council) warned that confusion between natural and synthetic diamonds remains one of the industry’s most urgent challenges. Speakers noted that clear storytelling about the provenance, social contribution, and inherent value of natural diamonds is crucial to rebuilding consumer confidence—particularly amid slowing demand in China.
Another panel examined geopolitical and trade pressures, led by Feriel Zerouki (World Diamond Council) and Karen Rentmeesters (AWDC). Discussions focused on the ripple effects of U.S. tariffs, sanctions on Russian diamonds, and tightening ESG regulations. Panellists urged collaborative advocacy to ensure fair trade conditions and compliance with evolving international standards.
The State of the Industry session brought attention to sustainability, shifting consumer preferences, and volatile precious metal prices. Terry Hayman (World Gold Council) pointed to record gold prices driven by central bank demand, while Tim Schlick (Platinum Guild International) identified new opportunities in platinum jewellery as consumers seek alternatives. Designer Roberto Coin called for balance in the face of speculative gold price surges, and several speakers underscored the need for closer partnerships and transparent communication to drive long-term growth.
As CIBJO prepares to celebrate its 100th year in Vicenza in 2026, the Paris Congress reaffirmed the organisation’s enduring commitment to promoting unity, ethical practices, and resilience in an industry navigating rapid change.
