Latvia has 6.7 Tonnes = $402,992,270
Bulgaria - 40.8t reserve
Country: Mexico
Gold: 120
Value in USD: 225,474
According to that website the US holds 8134 tons of gold and is currently trading at $1870.75 USD/Oz. So 8134t * 32k Oz/t is 260,288,000 Oz’s * $1870.75/Oz = approximately $487 Billion.
Hmm, I gave up, could not find any. I’m from Canada, so may we don’t have any because the Queen has ours? Don’t know.
Disappointing really… Looks like we’re on our own!
1 Like
We have zero gold reserves! Hopefully they are secretly hodling btc instead
I’m in the UK, which has 310.3 tonnes of gold reserves.
According to https://demonocracy.info/infographics/world/gold/gold.html, one tonne of gold is worth US$ 64.3 million, at $2000/oz.
Based on those numbers, (US$ 64.3 million) * 310.3 = US$ 19.95229 billion
Well apparently Canada doesn’t hold any gold, I love Canada , but WTF?
New Zealand’s reserve bank doesn’t hold gold in it’s reserves.
For the sake of the exercise I’ll use Papua New Guinea:
64000 oz which equals $109,091,840
Trinidad and Tobago
1.9 Tonnes or 67020.5 oz, today the price is $1,866.08, so we have $125,065,614.64 stored in gold.
8134 tonnes
&
$523,016,200,000 for the usa
For the USA its 8133.50 tonnes, which is valued at about $522,984,000,000
US
286920000oz X $1837/1oz = $527,072,000,000
The US has 8133.5 Tonnes.
Dollar value = 477.5 Billion
Australia
60.7 t
USD$3,918,266,070
Activity Lesson 3.
The amount of gold the Central Bank held as reserves for United Kingdom is 310 tonnes, and that is equivalent to 310,000,000 (three hundred and ten million grams).
Current Price is $1806.40 per gram - as of 24/11/2020
Total UK Gold Reserves in USDollars is therefore 310,000,000 grams multiply by $1806.40. Which is:
$559,984,000,000 (five hundred and fifty nine billion, nine hundred and Eighty four million USDollars ).
us has 8134 tones
price per gram today is 59.923$
total value 487,413,682,000
Australia:
60.7 tons Last on June, 2020.