Activity Lesson 3

8133 Tonnes LISTED in the US Reserves (I’m curious what the true amount is)
worth roughly $483 Billion

USA holds 8133 Tonnes
1t=32,000 oz
8133x32000=260,256,000 oz.
Gold = $1855.90 per oz
260,256,000 x $1855.90 = $483,009,110,400

United States 8133 tons
1 ton = 32000 ounces
1 ounce = $1857
8133 * 32000 * $1857 = $483,295,392,000

Mexico has 120 Tonnes.
1 Tonne= 32,000 ounces
1 ounce= $1,857
120x32,000x1,857=

$7,130,880,000 USD

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United States
8133 * 32000 * $1863.66 = $485,028,696,960

Hello everybody! Cheers from Colombia.

Total Gold Tonnes: 4.14
USD Value: 270.893.738

Germany:
3.362 tonnes
gold XAUUSD@ 1.856$/oz

Total value: 199.675.904.000$

1 kg gold is 59,634.89 * 1000 = 59.634.890 * 612 tons (Netherlands) = 3.64966e10

UK
310 tonnes = 32,804,802 ounces
current price per ounce of gold = $1,855.07
Total UK gold holding in USD = 60,855,237,437.40

Poland 229t = USD$ 12.61 Bn
Ireland 6t = USD$ 390 Millions

United States
8133 tons x 32000 oz x $1854.08 per oz = $482,535,444,480

The Netherlands:
612 * $59.662,14 = $36.513.229,68

UK holds 310 tonnes of Gold and there it 35274 ounces in a tonne and the price is approx $2100 per ounce.
So the UK holds the value $22,963,374,000 in Gold.

U.S reported total gold reserve: 8133 tons

1 ton in troy ounces= 2000 * 14.58 = 29,160 t oz
Price of gold as of today: $1,856
8133 * 29,160 * 1,856 = $440,165,767,680

USA - 8133 Tonnes = about 532.5 Billion

UK = 310 tonnes = £9.3bn

8133 tonnes at 46.5 million per ton= 378 billion in the USA

Austria holds 280 tons

total value in USD ≈ 16.8 B (16,800,000,000 USD)

668 tonnes
$43,590,373,400

8133 tons

$1,865 per ounce

$485,377,440,000

Using the website below, find out how much gold your country’s central bank currently holds in its reserves.

US : 8,133 tons = 8,133, 000,000 grams (g)
1 oz = $1,855.2 on 01/26/2021
1 oz = 31.10 g
Value = $1,855.2 (8,133, 000,000 g/31.10 g) = $485,155,678, 000.