Perth Mint Explains Gold Doping Dispute

Perth Mint Explains Gold Doping Dispute
A supplied image obtained Friday, May 5, 2017 of Detective Senior Constable Jared Pragnell from the Gold Stealing Detection Unit holding a 1kg gold bar. AAP Image/Western Australia Police
Rebecca Zhu
Updated:

Australia’s official bullion mint, Perth Mint, says there was “no question” about the gold value and purity of its gold bars sold to Chinese customers, which indisputably contained at least 99.99 percent gold “at all times.”

It comes in response to an investigation by the Australian Broadcasting Corporation (ABC), which found the mint may need to recall almost $9 billion worth of gold bars after it was discovered they had been diluted with other metals and allegedly swept the issue under a rug.
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