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Gold $3,872.60/oz -3.2% Silver $50.12/oz -4.0% Platinum $1,526.00/oz -1.3% Palladium $993.50/oz -7.1%

International bodies and standards

World Diamond Council (WDC)

Represents the diamond industry in the Kimberley Process; System of Warranties

The World Diamond Council (WDC), founded in 2000, represents the diamond industry in the Kimberley Process.

What it does

Runs the System of Warranties, under which every invoice for diamonds carries a statement that the goods are conflict-free and meet human-rights and anti-money-laundering principles.

Why it matters to you

Diamond traders are expected to use the System of Warranties statement on their invoices.

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