How Switzerland and Dubai Turn a Blind Eye At Dirty Gold | FD Finance

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Gold, the enduring safe investment and symbol of wealth, comes at a high price. Mined in slavelike conditions, it has been linked to everything from funding civil wars in Africa to causing environmental disasters in Latin America. The market for gold is enormous with 70% of global production handled by just one country: Switzerland. The industry has been protected by the Swiss state for more than a century, and turning a blind eye here is standard practice. Despite attempts at reforms, a lack of transparency still remains. We travel to Peru, Congo, Dubai and Switzerland to investigate.

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