Responsible sourcing of Jewellery

Implications of sourcing gold and other precious metals from conflict affected and high risk areas were introduced to the traders of Dubai at the City of Gold Conference organized by the Dubai Gold & Jewellery Group in the year 2011. At the conference, Mr. Tyler Gillard from Organization of Economic Cooperation & Development (OECD) enlightened delegates about the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from conflict affected areas. This was merely a starting point, since then DMCC and Dubai Gold & Jewellery Group took lead in educating traders of Dubai and ensured that miners and traders follow the guidelines of OECD and Responsible Jewellery Council (RJC) in souring precious metals”

Conflict gold basically applies to dore bars and all the refineries in the UAE are now following OECD (Organization for Economic Development) guidelines. In the last few years, DGJG and DMCC have been actively involved in educating members on this issue, after which jewellers are demanding proper documentation for all transactions of dore bars. The Dubai Gold & Jewellery Group (DGJG) and DMCC have issued the guidelines by OECD to our trade members and it is available to all refiners and traders for reference. DGJG and DMCC in association with the Responsible Jewellery Council (RJC) had recently conducted a seminar which was attended by all leading jewellery companies in Dubai. The seminar was meant to educate jewelers on responsible sourcing of jewellery/gold and the benefits of following the OECD guidelines and audit programs of Responsible Jewellery Council

Responsible Sourcing of Precious Metals
Accreditation Initiatives

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