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Kiplinger
Kiplinger
Business
Paige Cerulli

Look Out for These Gold Bar Scams as Prices Surge

(Image credit: Getty Images)

Economic uncertainty and market volatility fueled a surge in gold demand in 2025. According to the World Gold Council, global gold demand surpassed 5,000 tons for the first time as investors sought ways to diversify portfolios and protect their wealth.

But the sharp rise in gold’s popularity has also created new opportunities for criminals. Law enforcement agencies are warning about a growing gold bar scam that exploits investor fears and economic uncertainty. International fraud rings are using call centers and courier networks to impersonate federal officials and pressure victims into handing over gold.

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