Activity Lesson 3

8134 tonnes = 435 billion dollars

Canada has zero gold reserves. I had no idea that the government did not hold any gold.

Austria holds 280 tns of gold.
@ current price of 1814$/OZ Austrias gold reserves are worth 17.916.350.753,42632 $

Greece: 114 tons (114tons*1016.05kg = ~115830kg)
price per kilo: $59253
Total: $59253 *115830kg = ~6.86B$

The central bank currently holds 474.8 Trillion! what??

February 12 2021
As of September 2020 there is 8,133 ton of gold in the United States treasury. There are 32,150.7 ounces of gold in a ton. Todays gold price is $1832.80 USD per ounce. One ton at todays prices = $58,925,803 per ton. In todays price the United States Treasury has a total value of $479.243556 billion USD

France holds 2,436 tonnes = 85,927,366.6oz

85,927,366.6oz x $1,823.90

= $156,722,923,941.74

Romania holds 104 tonnes of gold. It means almost 5 billions USD.

8133 tonnes, $523,269,120,000

South Africa : 125t
Price per t : $46.5 million
Value of 125t : 5.81 Billion

Nigeria; 21.37t = 1.271 Billion usd @ 59.5mil usd / t

There are currently 8133 tonnes of gold in the US central bank.

261482021.84 Ounce of Gold
Price: $477,101,404,459.37 USD

United States: 8133 tonnes * 1000kg/tonne * $58,667/kg = $477,138,711,000

Italy holds 2452 tonnes of gold.
2452t x 58667000 $ = 143 billion

Whilst my country has gold mines and gold reserves, none go through the public domain and as such officially we have ZERO gold.

8133 ton
Value 523 Billion and change lol

Austria 280 t of gold, price 58 500 000USD/t = 16 380 000 000 USD

Estonia… 0.25T
Gold price today $58,465.59 per kilo
$13,259,773.64

US $469B as of 2/16/2021

Finland 49.14 tonnes
~2,870,000,000$