Activity Lesson 3

the UK has 310 tonnes of gold that's $20,623,261,006. we had a bunch more but our ex-finance minister Gordan Brown had weak hands and sold at the bottom.
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60.798,51 USD per KG at the moment. Equals to 60.798.510,00 USD per Tonne
Germany’s gold reserve: 3364 Tonnes
60.798.510,00 USD * 3364 Tonnes = 204.526.187.640,00 USD
WTF!? Can that be? Holy Sh… I didn’t know that! Germany on the 2nd place, for such small country - WOW.

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286,918,716 ounces of gold x $1700 / ounce price = $487,761,817,200 total value of gold in the USA

The United States has 8133.50 tonnes of Gold. Lets round it off to 8134 to simplify our math.

8134t = 32,150.75/troy ounces (current price of gold as of 10/29/20 $1867/ounce)

8134t * 32,151 = 261,514,200.5 ounces of gold

261,514,200.5 ounces * $1867/ounce =

$488,247,012,333.5

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8134 tonnes at a little over $523 billion in USD

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Chile 0.25 tonnes, ie, 250 kg
250 x $60.910 = $15.227.500

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According to the website Canada’s central bank holds zero gold which has a current value of $0

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How much Gold does the US have and it’s value
$1894.39 per troy ounce -
x 29166.7 = $55,253,104,813 (one ton)
USA has 8133.50 tons
which = $449,401,127,996.5355

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  1. FR 2436
    147767.76 millons dollars
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South Africa = 125 tonnes = $7.7 Bn

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Portugal 382 tonnes
$25605877395.00

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  1. How much gold does the UK hold in its central bank in tonnes and what is its USD value? Jun/g2020

310 tonnes - with a value of 18.860 USD bn as of Sep 2020

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Malaysia - 38.9 tonnes
38.9 t = 38,900kg
1kg gold = $ 61,097
= 61,097*38,900
= $2.37 billion

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South Africa:
125T @ $60922450/T = $7.6B

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USA 8134 tons
35,273.96195 ounces = 1 ton
1 ounce of gold = $1,913.97 (At the moment)
1,913.9735,273.968134 = $549,138,246,630.54

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United States Jun/20 8134 Tonnes. $523,016,200,000

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Switzerland 1040 tonnes

Valued around $ 1’982’448’000

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RSA central bank holds ~125 tonnes of gold currently worth ~US$ 7,661,816,720.26

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Canada 0
Did not see that coming.

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The stated number of Tonnes of Physical reserve gold held by the US as of today is 8,132, with 32.150.7 troy oz per tonne at a value of 1,897 dollars per tonne yielding four hundred ninety six billion, ninety one million, six hundred sixty six thousand, eight hundred thirty eight dollars and sixty cents

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8134 tonnnes X 46.5 mil = $378,231 million USD

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