Bullion smuggling outstrips narcotics to feed gold habit

http://in.reuters.com/article/2013/12/04/india-gold-smuggling-idINDEE9B20HY20131204

Though the number of arrests made in India has increased, those that get caught are usually only the "carriers" who transport gold for as little as 10,000 rupees. The people behind the smuggling are rarely identified.

In an effort to change that, Mumbai customs offers a reward of up to 50,000 rupees per kg of bullion seized for informers in gold smuggling cases. Cocaine and heroin informers get only up to 40,000 rupees and 20,000 rupees respectively.

Gold duty hike leads to spurt in smuggling

Gee, smuggling gold into India has soared as their government attempts to dampen demand with higher import taxes.  What a surprise.

http://timesofindia.indiatimes.com/business/india-business/Gold-duty-hike-leads-to-spurt-in-smuggling/articleshow/20532519.cms

China eliminates death penalty for smuggling gold and silver

http://www.cmi-gold-silver.com/blog/china-to-eliminate-death-penalty-for-smuggling-gold-and-silver/