Activity Lesson 3

sadly to say canada owns no gold truedope sold the last of it when he got in

8134 Tons
Current Value: $466,956,672,000

UK - 310 tonnes
= 310 x 35274 (ounces in a tonne)
= 10,934,940 ounces
x 1,793.66 (current XAU)

= $19,613,564,480.40

Israel not listed, Israel’s Gold - Reserves was reported at 0.000 USD.

Slovenia 3.17 tonnes, 111818.5 ounces which is ~$202503303.5 with the price of gold being $1811/OZ

The Netherlands 612 tonnes, worth $39.4bn

  1. Currently South Africa holds 125 tonnes in its reserve valued at $ 1811.15 per ounce .There are 32150,7 ounces in one tonne. 125 (32150.7 x $1811) = $7.2bn

Zimbabwe - That’s easy - 0 and 0 x $1,812.00 = 0

Hence my interest in BTC!!!

One metric ton of gold = 32.150,70 troy ounces
Germany has 3364 tons.

3367 tons * 32.150,70 troy ounces = 108.251.406,90 troy ounces

1 troy ounce = 1.795,93 USD
108.251.406,90 troy ounces * 1.795,93 USD = 194.411.949.193,917 USD

Total value = $194b.

Switzerland with 1040 t, roughly USD 1.9 trillion

Gold in the US for 8134 ton is $467,849,459,840 as of now

Australian Gold reserves in tonnes - 79.9
Ounces in 1 tonne - 35273.96
Current Price in USD per ounce - 1798.60

Therefore price is 79.9 * 35273.96 * 1798.60 which equals $5,069,155,182.03 USD

8134 tonnes, about $477.500.000.000

United Kingdom has 310 tonnes of gold which equates 310000000 grams of gold

current market value is $57.863 per gram of gold

Valuation is $17,937,530,000

Canada has 0 tonnes therefore $0;00 USD

Swedens goldholdings (Sveriges Riksbank 20200711)

Amount = 126 tons
Todays spotprice = $1797.43 / oz

-> 32.154 oz * 126 000 kg = $7 282 115 092

8134 tons of gold worth about $523 billion

The Netherlands: 612 tonnes of gold

United Kingdom:
310 Tonnes (Mar/20)
$18,060,724,000

United States: 8134 tonnes

$515,940,104,298.00 US

35274 x 8134 x 1798.21 = 515,940,104,298