IS GOLD BARS TRACEABLE IN THE WORLD
Recently, clients have asked gold buyers Melbourne if gold bars are traceable and if anyone can determine who owns a gold bar. After all, you want your wealth to be kept outside the financial system, right? You do not want the government to know about your stash of gold. So, can you trace gold bars?
The short answer is no. Your gold bar is not traceable even if it has serial numbers. However, no one can use these numbers to determine its location or proof of ownership. Like the USA, the rest of the world must report gold purchases exceeding the $10,000 cash mark.
Still, there is more to it than the eye sees, leading us to the next question do all gold bars have serial numbers? According to gold dealers in Melbourne, most gold bars have serial numbers. Yet, it depends on the mint which made the bar.