Activity Lesson 3

United States: At the current price of $1,739 USD per Ounce and with a reserve of 8,134 Tonnes the Total Current Value in USD would be approximately $453 Billion.

(1 Ton : 32,000 Ounces) | (($1,739*32,000)*8,134) = $452,640,832,000

$15,23 billion (Spain)

Morocco = 22.1 T =$ 779 555 Total value

US - 8134 tonnes @ 32150.75 troy ounces/tonne = 261,514,200.5 troy ounces * $1752 spot price = $458,172,879,276 = ~ $458 Billion

U.S last~8134 metric tons
260,288000 ounces of gold x $1751.70 / ounce price

= $455,946,489,600 total value of gold in USD

Easy. Canada - 0 tonnes - $0USD

Or South Africa:
125 tonnes = 125,000kgs
$USD55,898.57/kg x 125,000kgs = $USD6.987 billion.

Romania: 104 tonnes = 6.379.507.588 USD

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Well that was eye opening I expected to see that it held at least a couple tons of gold. Canada though has 0 definitely worth $0. Thanks Arami I did not know this site existed.

UK HAS 310 tones=310 000kg
1kg=45 000£= 56 000$
total value of gold 13 950 000 000£=17 360 000 000$

174 t. At approximately 1700$/Oz.
174t = 5,568,000 Oz
USD Value = 9 465 600 000$

Spain 282 tonnes 14.248.050.000 USD

US is recorded to have 8134 tonnes of gold worth $453 Billion

Italy has 2452 tons = 2452000 kg = 78833622.14 troy ounces. At 1700 USD per ounce = 134.017.157.638 USD

Bulgaria - 40.8t ~ 2.3Bn

Sweden : 125.7 tons of gold - Roughly $6.243B

$0 for Canada and US $ 35,520,576,000 for India.

31.5 tonnes guess which country?
Hungary

Spain
1 OZ = 1700$ (1kg ≃ 35 OZ)
59500.000 x 282 tonnes = 16779000000 $

UK - 310 tonnes = 32,150.7 troy oz
32,150.7 x USD1,700 = USD16,943,418,900

2436 tonnes so about usd 156 600 millions