CIBJO President Gaetano Cavalieri opened the “jewellery industry’s parliament” by stressing the need for unity and ethical standards. A central theme was the erosion of consumer confidence due to the persistent confusion between natural and synthetic diamonds. Leaders from De Beers Group and the Natural Diamond Council urged clear storytelling about the provenance and inherent value of natural stones, particularly amid slowing demand in key markets like China.

Panels also grappled with external pressures, including geopolitical tensions, U.S. tariffs, sanctions on Russian diamonds, and tightening ESG regulations. Industry advocates called for collaborative efforts to ensure fair trade and compliance.

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..

The Congress reaffirmed CIBJO’s mission as it approaches its centenary, focusing on safeguarding consumer trust through standardized nomenclature and embedding sustainability into the core of the jewellery trade. As CIBJO prepares to celebrate its 100th year in Vicenza in 2026, the Paris Congress reaffirmed the organization’s enduring commitment to promoting unity, ethical practices, and resilience in an industry navigating rapid change.