business

World Gold Council Reports Surge in Gold Smuggling to Over $120 Billion Annually

18 Haziran 2026Financial Times

Executives from the World Gold Council have raised alarms about a significant increase in gold smuggling, with illicit flows now exceeding $120 billion annually. This surge poses serious challenges for the global gold market and regulatory frameworks.
The council's head emphasized the urgent need for enhanced measures to combat this crisis and protect legitimate trade.
Gold has long been a valuable commodity, but the recent spike in smuggling activities indicates a potential shift in how gold is traded and monitored. This issue not only affects economies reliant on gold exports but also raises questions about the effectiveness of current regulations in curbing illegal activities.
The rise in gold smuggling highlights the vulnerabilities within the global gold supply chain and the challenges faced by authorities in regulating a market that is increasingly exploited by illicit actors. As the value of gold remains high, the incentives for smuggling are likely to grow, necessitating a coordinate…

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