Canada= 0 ton= $0 gold reserve
South Africa has ~125tonnes of gold in reserve
At about $64.3 Million per tonne our reserves are worth $8037.5 Million.
Slovenia - 3.2 tonnes - $193.443.200
8133 Tones and $538,967,279,970 is the total value
Australia
67.74 Tonnes = 2177891.5725588608 ounce(Troy)
@current market value USD$1,866.65/ounce(Troy)
is
USD$4,065,361,303.90
UK currently has 310.29t or 10,945,157.653oz
Spot price is currently sitting at $1,888/oz so current total value is $20,664,457,648.864
The chart indicates that the US holds 8133 tons of Gold, this represents ~491 billion USD
presently.
The United States currently has 8133 tonnes of gold reserves. The current total value in USD is: $489.6 Billion.
U.S.A
8133 tonnes
$1872 per oz
total: $537,045,223,104
Australia:
67.74 tonnes = USD 4,091,272,288
i live in canada and according to that website in the link at the end… “Gold Reserves in Canada remained unchanged at 0 Tonnes in the second quarter of 2020 from 0 Tonnes in the first quarter of 2020.”
Seems i may be unable to post the amount in tons and calculate current value to usd… atleast i participated lol
Latvia = 6.6 tonnes = 438M USD
today 8133 tonnes in US
(x 32150 ozt/ ton) = 261,475,950 ozt
(today) x $1890/oz =
total value in USD = $494,189,540,000
I am curious how saf came up with a higher total with yesterdays lower spot price?
Possibly I am incorrect.
OK now I see a few earlier posts similar to my calculations. Thanks to all!
UK calculation,
I could be really wrong here, but 1 ton of gold is approx worth £30,000,000,
So x by 310 = £9,300,000,000, so approx 9.3 Billion,
I got somewhat confused with the ratios, so if anyone knows a smarter way to figure this out let me know the calculation
Here in the US we have 8133 tons.
As of 12/31/20 – The US has 8133 tons of gold.
Ounces per ton – 32,000
Gold price – $1899
Total value – $494,226,144
United States has 8133 tonnes worth of gold. That equates to 286883132.53594 oz. The current price for 1 oz of gold is $1898.
286883132.53594 oz x $1898 = $544,504,185,553.2141
The USA has $544,504,185,553.2141 worth of gold.
UK
310 tonnes gold
1 tonne = 1000kg
310 tonnes = 310,000kg
price of gold (01/01/21) = $61,000 per Kg
Therefore value of gold in USD held by UK = 310,000(kg) x 61,000(USD)
= $18,910,000,000 or 18.91 billion dollars
USA has 8133 tonnes in the reserves.