A Gold Web: How India became on of the world's largest gold smuggling hubs
This report examines the links between India and the gold trade in South America, as well as African sources, such as Ghana and Tanzania, that supply Indian refineries. The research seeks to better understand the policy vulnerabilities and drivers that make India such an attractive destination for illicit gold. In particular, the report examines Prime Minister Modis Made in India policy that boosted the domestic gold refinery sector but led to sourcing artisanal gold of questionable provenance. The report also examines popular routes for the illicit trade, including the role of Dubai as an intermediary between illicit or conflict gold that is sourced in the Great Lakes region and exported to India.
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Additional Info
- Author(s)
- Alan Martin
- Publication Year
- 2024
- Language
- English
- Publishing Institution Webpage
- https://impacttransform.org/
- Data Source Classification
- Program Report
- Research Type
- Both
- Thematic Tags
- Economic, Access to Markets, Export, Market Linkages
- Minerals
- Gold
- Region
- South Asia, Sub-Saharan Africa
- Country
- India, Uganda
- Last Updated
- June 14, 2024