Policies & Issues

PGI’s New Portal Wants to Teach You About Platinum

Policies & IssuesJan 25, 2023

PGI’s New Portal Wants to Teach You About Platinum

The new portal will share information on responsible platinum sourcing and how it’s used beyond jewelry.

20230125_PGI Zoe Chicco earrings.jpg
A pair of platinum and diamond earrings by Zoe Chicco, created as part of a Platinum Guild International USA’s recent collaboration with the Couture show. PGI recently launched a new information portal on “responsible” platinum.
New York—Platinum Guild International has launched an information portal on “responsible” platinum as consumer awareness of sustainability continues to grow.
 
The goal of the portal is to educate the jewelry industry and consumers about how platinum is sourced and what the guidelines are regarding environmental standards, social impact and governance practices.
 
In a recent cross-market survey of 4,300 jewelry consumers, PGI found 72 percent of Americans agree with sourcing jewelry responsibly. The United States came in third place behind consumers in India at 94 percent and China at 87 percent.
 
When considering a jewelry purchase, respondents said “responsibly sourced materials” was one of the top three important sustainability factors. The answer was in the top three in the U.S., China, India, and Japan.
 
PGI CEO Huw Daniel said, “Awareness about ESG [environmental, social, and governance] factors and responsible sourcing has grown globally throughout many industries, and the jewelry sector is no exception. Consumers are paying increasing attention to this trend, and in some markets, they are willing to choose jewelry that has a positive environmental and social impact at a premium.”
 
The leading platinum producers, which help fund the organization, are working to prioritize the environment and society in their practices, including by responsible platinum production and providing local community support, said Daniel, and the platform will highlight their efforts.

 Related stories will be right here … 

The platform will also educate users on how platinum can benefit society and the environment outside of the jewelry world.
 
As an example, platinum is essential in diesel catalysts, which reduce emissions, and are also vital to the hydrogen economy, which is a carbon-free energy delivery system where fuel cells would generate energy from hydrogen, leaving heat and water vapor as byproducts.
 
The precious metal also has a place in the medical field, as it is biocompatible, being used in pacemakers and other medical instruments, as well as platinum-based therapies as a cancer treatment.
 
“Platinum is a precious and rare metal with unique attributes. Alongside creating stunning jewelry, platinum contributes to society and the environment. It’s our mission to communicate its superior qualities to consumers and the jewelry industry,” said Daniel.
 

The Latest

Women’s Jewelry Association logo
MajorsJan 30, 2025
WJA Chapter Leaders Resign as Fallout From DEI Remarks Snowballs

The boards of at least five chapters have resigned in response to controversial statements the WJA national board president made last month.

Pharrell Williams and Tiffany Titan by Pharrell Williams Tahitian Pearl Necklace
CollectionsJan 30, 2025
Pharrell Williams Brings Tahitian Pearls to His New Tiffany & Co. Collection

Five new designs were added, all donning Tahitian cultured pearls and spear-like trident motifs, along with the new “Titan” setting.

Converge 2025 logo
Events & AwardsJan 30, 2025
Registration Open for Converge 2025

The inaugural event is being co-hosted by the American Gem Society and the Gemological Institute of America.

Resolutions - 2025.jpg
Brought to you by
3 New Year’s Resolutions for Jewelry Lovers

The new year feels like a clean slate, inspiring reflection, hope, and the motivation to become better versions of ourselves.

Annie Doresca, Jake Duneier, John W. Ford Sr., Margot Grinberg, and Ivette Stephanopoulos
MajorsJan 30, 2025
24 Karat Club of New York Elects 5 New Members

Jewelers of America’s Annie Doresca and AGTA CEO John W. Ford Sr. are among the new members.

Weekly QuizJan 30, 2025
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Boucheron Scarabée Rhinocéros ring/brooch and Chardon necklace
CollectionsJan 29, 2025
Boucheron’s High Jewelry Takes the Form of ‘Untamed Nature’

The jeweler’s latest high jewelry collection looks into the Boucheron archives to create a “living encyclopedia of high jewelry.”

Elsa Peretti for Tiffany & Co. Bone Cuff
FinancialsJan 29, 2025
LVMH Watch, Jewelry Sales End the Year Down

Watch and jewelry sales slipped 3 percent in 2024, though the luxury conglomerate did see business pick up in the fourth quarter.

ride_or_die_1872x1052.png
Brought to you by
A Diamond Is Forever Celebrates "Forever Present" Holiday Campaign

A Diamond is Forever hosted a holiday celebration in honor of their new marketing campaign, ‘Forever Present.’

Olivier Kessler-Gay
MajorsJan 29, 2025
Chanel Names New General Manager of Watches, Fine Jewelry for US

Olivier Kessler-Gay will take over the role on March 3.

Stock image of couple shopping for jewelry
SurveysJan 29, 2025
Consumer Confidence Slips for Second Consecutive Month

It hit a four-month low in January due to concerns about the job market, though consumers remain bullish about the stock market.

Chris Ploof 6 Mokume Gane Rings
Events & AwardsJan 29, 2025
Chris Ploof To Teach Mokume Gane at AJS

The jewelry designer and master metalsmith will present on the ancient Japanese metalworking technique at the Atlanta Jewelry Show in March.

WFDB Moments campaign
SourcingJan 28, 2025
WFDB Joins Efforts to Promote Natural Diamonds With New Campaign

The “Moments” social media campaign emphasizes the emotional ties between natural diamonds and life’s special milestones.

Bliss Lau As We Are Collection Campaign
CollectionsJan 28, 2025
Bliss Lau Celebrates the Intricate Mosaic of Identity in New Collection

The versatile “As We Are” collection features 14 pieces with interlocking designs allowing for 27 different looks worn around the body.

Olympic gold medalist and De Beers ambassador Letsile Tebogo
SourcingJan 28, 2025
Botswana’s First Olympic Gold Medalist Is Now a De Beers Ambassador

Letsile Tebogo will help to promote natural diamonds and the good they have done for his country.

Hargreaves Stockholm NouvelleBox
Events & AwardsJan 28, 2025
NouvelleBox Show Returns to New York City

The showcase, in its second year, will feature more than 20 international brands at its curated event from Feb. 2-4.

Graphic for “Predictions for the Year Ahead” webinar
Recorded WebinarsJan 28, 2025
Watch: Fine Jewelry Market Predictions for 2025

“My Next Question” guests Sherry Smith and Edahn Golan share their 2025 forecasts, from sales and marketing to what retailers should stock.

AGTA Seminar Series
Events & AwardsJan 28, 2025
Here Is the 2025 AGTA GemFair Tucson Educational Lineup

The seminar series covers topics from market trends and colored stone terminology to working with museums and growing an Instagram profile.

A picture of the LeVian family including Larry LeVian
MajorsJan 27, 2025
Le Vian Corp. Chairman Larry LeVian, a Man of Faith and Family, Dies at 73

LeVian is remembered for his leadership in the jewelry industry and for being a selfless and compassionate person.

Stock image of gavel, books, and handcuffs
CrimeJan 27, 2025
New Jersey Jeweler Sentenced to 2 1/2 Years for Evading Customs

Monishkumar Kirankumar Doshi Shah pleaded guilty to evading customs on more than $13.5 million of jewelry imported into the U.S.

 Jemora Gemhouse
SourcingJan 27, 2025
Dev Shetty To Head New Auction House for Rare Colored Gems

Jemora Gemhouse’s inaugural auction, slated for March, will take place in Dubai and feature polished sapphires.

Rachel Quinn and Gemfields’ Crazy Love collection campaign
CollectionsJan 27, 2025
Rachel Quinn Embodies Feelings of Falling in Love in New Collection

Quinn partnered with Gemfields to create “Crazy Love,” which features Zambian emeralds and Mozambican rubies across 10 pieces.

Arch Crown 2025 Tag & Label catalog
MajorsJan 27, 2025
Arch Crown’s 2025 ‘Tag & Label’ Catalog Is Out Now

The catalog is 48 pages and features more than 100 styles.

Ashley Zhang Jewelry 2025 Lunar New Year Snake Necklace
CollectionsJan 24, 2025
Piece of the Week: Ashley Zhang Jewelry’s Lunar New Year Necklace

The one-of-a-kind necklace was designed in celebration of the Chinese New Year, as 2025 is the Year of the Snake.

Ethical Gem Fair Tucson Anza Gems
SourcingJan 24, 2025
Ethical Gem Fair Heads Back to Tucson

The gemstone show is slated to take place at the Scottish Rite Cathedral.

Mugshots of Zacary Briggs, Aaron Hammond, Tre’von Anthony Neal, and Evan Puckett
CrimeJan 23, 2025
4 Men Arrested After Allegedly Plotting to Kidnap Jeweler

The suspects are accused of planning to kidnap a Miami jeweler and rob him of his cryptocurrency.

Loose diamonds from Namdia
CrimeJan 23, 2025
Security Guard Killed in Armed Robbery at Namibian Diamond Co.

Francis “Gosh” Eiseb, 58, was a senior protection officer for Namib Desert Diamonds, also known as Namdia, in Windhoek, Namibia.

Gemstone Trading Network by RapNet and AGTA
SourcingJan 23, 2025
RapNet, AGTA Partner to Launch Gemstone Trading Network

The online diamond and jewelry marketplace has expanded, introducing a new platform dedicated to colored gemstone trading.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy