Activity Lesson 3

Bitcoin Monetary Revolution
#1751
  • South Africa
    • 125 tonnes
      • $57 897/kg
      • $57 897 000/tonne
    • 125t x $57 897 000/ t = $7 237 125 000.00
#1752

At the moment, the Netherlands holds 612.45 tonnes of gold in its reserves.
Twenty years ago it was over 900 tonnes so I wonder where one third of our supply went…

The price of one ounce of gold in Dollar is now: $1792,15
21603540 (ounce) x 1792,15 = 38.716.784.211 dollars worth of gold.

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#1753

Nigeria; 21.46t is approximately valued at $1,167,424,000.
LOL, I don’t believe it.

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#1754

country: Sweden
amount: 126 tons
value: $7 241 976 000 (September, 2021)

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#1755

Philippines. 156 tons. Approximately, $9,832,302,979.2. Only now I’m aware that the country had such an amount of gold.

#1756

21Tonnes of Gold…hmmmmmmmmmmm

#1757

Romania 104 tones of Gold.
Todays price of one tone of gold is $64.3 million dollars.

104 x 64.3 = 6.687 billion dollars

#1758

Portugal
383 Tons
$686.925.820,00

#1759

USA: 8133 tones of Gold.
I couldn’t find how much gold was for a ton so i made my own math. there are 16 oz. in a lb., and there are 2k lb. in a ton.16 * 2,000 = 32,000. So 32,000 oz fit into 1 ton. 1 oz of gold is equel to $1,796.00 right now. so $1,796.00 * 32,000 = 57.47200 million US$ per ton. US has 8133. So 8,133 *$57,472,000 = 467,419,776,000. Or 467.419776 billion US$

#1760

121 tons

6.8 billions of USD

#1761

My Country is the USA and the total value is 8133 Tonnes

#1762

Mersi pentru răspuns :slight_smile:

#1763

2.08 tonnes. USD128,753,797

#1764

USA has 8134 tons
worth about $523,016,200,000

#1765

Sweden 126 tonnes = 7 159 320 000 usd

#1766

U.S.A. – 8133 tonnes = 261,482,049.8 troy oz = $462,326,412,200 as of 9/22/21

#1767

Greece: 114 Tonnes = 6 478 000 000 USD

#1768

8133 tonnes
Last spot price on Monex = $1,755.00
There are 261482021.84265137 troy ounces in 8133 metric tons. Multiply this by 1755 and the total value of U.S. Gold reserves is $458,900,948,333.85 or roughly 459 Billion Dollars!

#1769

The UK central bank holds 310 tonnes of gold
the value of that today ( 1kg of gold is $56,330 - Sept 2021) is $17,462,300,000 so thats nearly $17.5 billion dollars worth of gold

#1770

703t worth approx $395bn at the rate of $56200/kg on 23/09/21 (IND)

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