Archive · 19 Jul 2026

Illicit Gold Economy Booms Amid Record Highs

Illicit Gold Economy Booms Amid Record Highs

Gold prices have been going up a lot, which is good for investors.

But it's also made illegal gold mining a big problem.

Bad guys are making lots of money from illegal gold, which is hurting the environment and making it hard for governments to collect taxes.

They mix illegal gold with legal gold and use fake papers to sell it.

This is bad because it helps criminals, hurts the environment, and costs governments money.

Experts say we need better rules and teamwork to stop this.

Sources