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Organized Crime Cashes In on Record Gold Prices

Summary by InSight Crime
Organized Crime Cashes In on Record Gold Prices Gold trafficking in Latin America and the Caribbean has never been more profitable. Prices of the precious metal surged over 40% in 2024 to reach a record high of over $3,000 per ounce in March 2025. The demand for this precious commodity has fueled environmental destruction throughout Latin America, driving deforestation in Bolivia, poisoning Indigenous communities in Brazil, and destroying river …

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Organized Crime Cashes In on Record Gold Prices

Organized Crime Cashes In on Record Gold Prices Gold trafficking in Latin America and the Caribbean has never been more profitable. Prices of the precious metal surged over 40% in 2024 to reach a record high of over $3,000 per ounce in March 2025. The demand for this precious commodity has fueled environmental destruction throughout Latin America, driving deforestation in Bolivia, poisoning Indigenous communities in Brazil, and destroying river …

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  • 100% of the sources lean Left
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InSight Crime broke the news in on Tuesday, April 15, 2025.
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