Activity Lesson 3

Us today on November 23, 2020 has 8133 tonnes at over 500billion + in current value.

As of today, 25 of November, Venezuela has 161 tns x $1,805 t/oz , equals $9,343,167,945.65

US.Gold Reserves= 8134 Tonnes
8134 US Tons = 260,288,000 Ounces
260,288,000 Ounces * $1810/oz = $471,121,280,000

49.1 tonns
2,45 billions

France has at the moment 2436 tonnes of Gold which represents 150 billion dollars

Austria

280 tonnes
$10 806 270 000

USA approx $466,802,804,160 at the current Gold price

Czech Republic: 8.87 tones. Current price: $509,368,619

Spain: 282 tonnes, $16.220.259.300

Ethiopian
But i didn’t find my country name in the website yet

Philippines = 190 tonnes of gold
1 tonne = 35,274 ounces
190 × 35,274 = 6,702,060
Current Gold price per ounce = $1789.70
6,702,060 × $1789.70 = $11,995,653,958.2

8133 tonnes , $57,501,527

38.88 tonnes at $57,518.65 per kg.
Malaysia $2 185 708 700

I live in the United States.

Tons => 8133 (from September 2020)
Spot Gold Price => $1795.60 gold/oz * 32000 oz/ton = $57,459,200 gold/ton (from APMEX)
Value => 8133 tons * $57,459,200/ton = $467,315,673,600 (~$467B)

The current gold my country holds in its reserves are 198 and the total current value in usd are(198t × 57,475 usd/kg=11,380,050,000 usd)

US 8133 tonnes; USD $465,594,893,460

USA
8134 Metric Tons of Gold
286,918,716 Oz
x 1745.40 / Oz
= $500,187,926,906.40 USD Value of USA gold reserve

Canada - zero tonnes and therefore zero value in USD

Ukraine 25.5 tonnes / 1,600,142,398 $ (the price of gold as of 11/30/2020 is - 1778.25 per oz )

United States currently has 8134 tons; this multiplied by 32,000 ounces per ton equals 260,288,000 ounces; this then multiplied by the current price per ounce as of November 27th ,which is 1,781.70 USD per ounce, equals a total current value of 465,755,129,600 USD without adjustment for inflation.