🚨 US Mint Gold Supply Linked to Colombian Criminal Networks
A new investigation claims some gold entering the US Mint supply chain may have origins tied to illegal mining and criminal groups in Colombia.
• Reports say illegally mined Colombian gold was laundered through intermediaries before entering formal markets
• Roughly $1.5B of Colombia’s $4.1B gold exports went to the US in 2024, making it the top destination
• US Treasury is reportedly reviewing procurement practices after the findings
💡 Expert Insight: This is bigger than one headline—it exposes how difficult gold traceability remains. As ESG and ethical sourcing become more important, refiners and governments may face growing pressure to tighten supply chain controls.
#Gold #Commodities #Mining #markets #Geopolitics $XAU $XAUT $PAXG

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