Activity Lesson 3

I live in Canada, we do not have gold in our reserve.

I came from Haiti so i’m going to use this country as an example

As of September 27th
1.81 tons = 32000 ounces
1,750.40 @ 32000 = 56 012 800 $

1 Like

3359 t with a value of USD 190 bn.

US currently has 8133.5 tons of gold.

Current price per ounce is $1683

Number of ounces per ton is 32000

8133.5 * 32000 = 260,272,000 ounces of gold

Current value is 260,272,000 * 1683 = $438,037,776,000

We live in Indonesia who hold
78.57 Tonnes a small amount considering we have some massive gold mines
I estimate the value at US$4448476260 lets hope the goverment invests 5% into BTC:-)

Netherlands hold aprox. 612 tonnes. this equals 34.204.068.000

UK 310 tonnes of gold = £9,300,000,000

United States Central Bank

Gold: 8133 Tons

In USD: $522,951,900,000

Today’s price is $1768.50 per ounce, which (x32000) is $56,592,000 per ton.

US stockpile is 8133 tonnes, so the stated dollar value of US central bank gold stockpile is:

$460,262,736,000. Almost half a trillion USD. It sounds like a lot, but to put that in perspective, the current US debt is 28 trillion…whoops.

I’m in Australia - the land that will never be free:

79.85t = 79,850kg
Price per Kg of Gold USD = $56,365.82
Total USD Value = $4,500,810,727

:australia:
Australia has 79.85t of gold @$1760oz

Totalling - $140,536,000 :nerd_face:

as of 8th October 2021

US has 8133.46 tonnes of gold in its reserves which equals $373 billion USD

US 8133 tons= 459 Billion USD

Belgium has 227, which would amount to 11,619,549,281.98 USD (using goldpricez)

US Gold Reserves = 8133 Tonnes
Current market price Gold = $1,760.60/oz
1 Tonne = 35273.96oz

1760.60 (8133 x 35273.96) = $505,086,415,000

Ireland g tonnes = 385 million in usd value

The United States holds 8,133 tonnes of gold in its reserves, the largest in the world. One ton of gold is worth 46.5 Million dollars currently.

This would mean that the United States hold 378,184,500,000 dollars worth of gold in its reserves.

Canada gold market share = 100 tons

1oz = $1776.74 USD
1 ton = 56,855,680 USD x 100
Canada gold market share in USD = $47,918,085,600

1 Like

According to Kitco.com, gold’s price per kilo, as of today (i.e 20/10/21), is approximately equal to $57,434.

Its price per tonne is, therefore: $57,434 x 1,000 = $57,434,000.

According to Trading Economics, the UK holds 310 tonnes of gold in total (latest figure was reported as of June 2021).

Therefore, the UK currently holds: 57,434,000 x 310 = $17,804,540,000 of gold in its reserves (i.e $17.8 bn)

Spain

282 Tonnes.
1 Tonne= 32.690,42170644 once
282 tonnes X 32690,4217064 once= 9.218.698 ounces of gold
Price per once = $1.611
Total Value= $14.851.322.480

Ireland: 6 tonnes = $339,840,000 total value