The Chamber of Deputies approved on Wednesday (22) a bill that creates a mandatory tracking system for gold in Brazil. The proposal ends self-declaration in metal sales and requires that the first purchase be made only by institutions authorized by the Central Bank.
The measure responds to a Supreme Federal Court decision that suspended the presumption of good faith in gold commerce and mandated the creation of a new oversight framework to contain illegal mining. The previous system allowed miners to use self-declaration as proof of legal origin, facilitating trade in gold illegally extracted from protected territories like indigenous lands.
The Chamber approved the bill that establishes a traceability system for gold
The bill was authored by the Executive Branch and reported by deputy Marx Beltrão (PP-AL)
The bill revokes articles of the law that allowed direct purchase by cooperatives or individuals
The first sale of gold must be made only to DTVMs authorized by the Central Bank
The bill proceeds to Senate analysis
Covered by only some sources, or where the accounts diverge.
Covered by only some sources (4)
The change is a response to the 2023 Supreme Court decision that suspended the presumption of good faith in gold trade
The Federal Police opened 1,527 investigations about extraction in protected areas in 2021 and 2022
The Touro tax will be created with values of R$ 2 per transport guide and R$ 5 per marked gram
Payment must be made in reais with credit to deposit or payment accounts
No gaps declared — all sources converge on the material facts.