Activity Lesson 3

The US has 8134 tonnes, worth approx 453 billion USD.

Netherlands has 612 tonnes worth 33.453.376,2 million dollar.
I did a miscalculation earlier.

UK as of 03/0620 - 310 tonnes @ $54,669.13 / Kilo
$16,947,430,300 Total value USD … Or $16.95 Billion

Must say I was surprised to learn that Sweden has 126 tonnes of gold and rank in as 29th richest country in gold measure. I thought we’d be much further down the list.
Even more surprised to see Italy so far up the list. Hard to understand why the EU even let’s them off the hook for all their debt.

Anyway since there are approx 32,150 oz in a tonne, 1700x32,150= 54,655,000$
x9.26~ 506,105,300 SEK
506,105,300×126= 63, 769,267,800 total tonnage worth.
Sweden had approximately 64 billion SEK worth of gold, or approximately 6,8 billion USD worth

There is 612.5 ton of gold in the Netherlands

0 and 0 in Canada…

Netherlands:
612 tonnes
goldprice 54.578,63 USD p kilo
612 * 54.578,63 * 1000 = 33.402.121.600,00 USD

Italy: 2452 tonnes
Today’s price: 55’556 USD/Kg (source: bullionvault.com)

Value: 2’452’000 Kg * 55’556 USD/Kg = 136’223’312’000 USD

US: 8134 tonnes
Therefore tonnes x ounces of gold per tonne, 8134 x 35,273.96 = 286,918,390.64 ounces
ounces x price, 286,918,390.64 x 1,700= $487,761,264,088 United States

79.9 Tonnes in Australian Reserves
=At $54,700/kg x 1000kg/tonne x 79.9tonnes = $4,370,530,000

I think USA is bullshitting on how much gold they have. Nobody can audit fort knox or gold reserves and when Germany asks for their gold back USA tells them to wait 5 years. Germany cant even inspect their own gold stored in US Vaults. I think its all been sold to other countries.

49.1 tonnes & $2.690.925.500

Hi,
Czech rep. 427 mil USD

Great Britain 310 tonnes = 11110400oz x 1710.10USD = 189,998,950,400USD

Uk 310 tonnes = 9,920,000 ounces @ 1713 $ per ounce = 16 ,992,960,000$

Belgium
227 tonnes = $13.7Bn

Italy 2452 tonnes for a value of 134,786,440,000‬ USD (134 billion)

price source : https://goldprice.org/

Canada: 0
Total Value = 0
:frowning:

The Dutch Bank/Government holds 612 ton gold . At a gold price of 1728.76 Dollar per ounce, 1000 kilo costs 55.579.847.600,-

Hard to believe but my Canada has zero gold reserve. :thinking:

The US has 8134 tonnes which relates to about $492,913,531,020.52 USD.