CONTENTS Issue #454 | NOVEMBER/DECEMBER 2025 20 Champions of sustainability 可持续发展领军企业 6DIGEST 市场指标 6 Gold prices breach US$4,000/oz mark 金价突破每盎司4,000美元大关 14 PERSPECTIVE 精辟视野 14 Changing of the guard at GIA GIA领导层换届 8FOCUS 焦点 8 Lessons in resilience: Surviving 2025 2025年珠宝首饰业韧中求存 18 SPOTLIGHT 市场聚焦 18 Sublime Shine: Innovations in the fine jewellery trade 臻耀之境：高级珠宝的创新应用
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