Activity Lesson 3

Ya’ll are too nice to fight for it

:rofl: :rofl: this year will be different so much is happening that you don’t hear about on the news .

The USA central bank currently holds 8134 tons of gold.

The USA central bank total current value in USD is $470,808,934,400.

IN the Dominican Republic they Have 0.57 Ton= 26.2 Million USD

UK has 310 Tonne of gold = $19,786,424,566.2434

Note:
1 Tonne ( metric tonne) = 35273.962 ounce
$1809.47 / ounce of gold

Belgium owns 227 tonnes of gold. That makes 13,155,000,000 dollar worth of gold. Unfortunately it has been stored in de UK… I do not want to calculate that…

so Austria holds 280 tons which is an equivalent of 14 billion USD.
Interesting to see that China holds with 2k tons relatively little gold compared to US with 8k tons and Germany with 3k tons.

But per capita Austria holds 1,7 TUSD per capita vs 1,2 TUSD in the US :wink: - in this respect Switzerland wins though far off :wink:

Post the amount in tonnes and calculate the total current value in USD.
There are 29166.67 Troy ounces/Ton USA has 8134 tonnes at today’s price of $1841.59 per ounce X 237,421,694 ounces, comes out to

$ 436,901,930,848

79.9 Tonnes (2,568,845 Troy Ounces) @ $1,854 USD = $4,762,638,630.00

Sweden: 126 tonnes. 7 560 000 000 USD.

Canada 0 tonnes. $0. That’s a bummer
Russia 2299 tonnes. $137.5 bln
Spain 282 tonnes. $16.9 bln

8134 Tonnes worth $523B

Sweden
Amount: 125.7 tonnes
Value: 7 600 000 000 USD

Sweden: 7 600 000 000 USD worth of gold reserve.

Netherlands: 612 tonnes = $ 35 751 758 787 at the time of writing.

United States 8134

2.8692e+8 oz @ $1817

=$521,333,640,000 ($521 Trillion Dollars)

Canada has 0 Tonnes of gold the is worth 0 $USD

USA
8134 Tonnes
= 261,514,200 Troy Oz
= $496,876,980,000

UK has 310 metric tonnes of gold

310,000kg in 310 tonnes

price of gold= $58,233/kg

Therefore the value of gold in the UK (in USD):
310,000 x 58233= $18,052,230,000

United States: 8133.50 Tonnes
Total Value: $373 billion