The World Jewellery Confederation (CIBJO) has introduced a new definition of “recycled gold” aimed at creating clarity and consistency in the jewelry and watch sectors. This definition, developed through extensive industry discussions, will be incorporated into CIBJO’s official guidance documents to improve transparency in sourcing and refining practices.
The proposed definition distinguishes between pre-consumer and post-consumer recycled gold. It establishes stricter criteria for secondary and circular gold supplies, ensuring clearer identification of materials used in the gold refining and fabrication processes.
Addressing Industry Challenges
CIBJO President Gaetano Cavalieri emphasized the need for a standardized definition to eliminate confusion and prevent greenwashing in the market.
“There has been growing uncertainty about various labels for re-refined gold,” he stated.
“This new definition sets a more stringent standard, helping consumers and industry professionals make informed decisions while enhancing supply chain transparency.”
Key Elements of the Definition
CIBJO’s recommended definition categorizes recycled gold into:
Pre-consumer recycled gold – Gold recovered from manufacturing processes, including melted scraps, excess inventory, and industrial by-products.
Post-consumer recycled gold – Gold obtained from end-of-life products such as jewelry, electronics, dental materials, and collectable coins.
Investment products, such as bullion bars and investment coins, are excluded unless they are entirely sourced from pre- or post-consumer recycled gold.
Industry Adoption and Impact
The Responsible Jewellery Council (RJC) has already integrated a version of this definition into its updated Chain of Custody standard. Other organizations are expected to follow suit, reinforcing responsible sourcing practices within the industry.
By refining the criteria for recycled gold, CIBJO aims to promote ethical trade, minimize environmental impact, and strengthen consumer confidence in sustainable gold sourcing.
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