Is buying gold traceable?

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Corene Collier asked a question: Is buying gold traceable?
Asked By: Corene Collier
Date created: Sun, Jul 18, 2021 4:17 PM
Date updated: Wed, Jun 29, 2022 4:58 PM

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So, can gold bars be traced? Gold bars are not traceable. They do have serial numbers but it can't be used to determine the gold bar's location, nor is it a proof of ownership by itself. In the USA sellers have to report gold purchases exceeding $10.000 in cash.

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