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There are also indications that Iran could be dipping into the Afghan gold trade.
Such influence is found especially in regions where the gold trade flourished.
Most of the gold trade was illegal until the late 1990s, when import restrictions were lifted.
In 2009, I read an exposé about the gold trade in National Geographic magazine.
"Dubai now accounts for approximately 25% of the world's annual gold trade.
The revision followed corrections to the way gold trade had been calculated.
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Spot gold traded at $1,415.45 an ounce.
"Europe and parts of Asia and large gold trading centers are also centers of football interest.
The last time gold traded at that level was in March 2010.
Gold traded at $792.10 a troy ounce, its lowest level since last October.
Russia has also eased gold trading rules to let more gold be mined and exported more quickly.
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