Activity Lesson 3

We have no gold reserve apparently

8133 ton for USA
$4.66 x 10e11
that’s a lot of money.

Gold Reserves in the United States remained unchanged at 8133.46 Tonnes in the fourth quarter of 2020 from 8133.46 Tonnes in the third quarter of 2020

Italy
2452 tons
142 184 124 000 USD

USA 8133 tonnes X 32,150.7 oz = 261,481,643.1 X $1809.98 (Feb 24 Spot) =

$473,276,544,378.138

8,133 tonnes for USA
$472,494,714,265.27 @ $1,806.99 per ounce

Germany has a total gold storage of3362 tons

The Indian Reserve has 677 tons of gold.
That is nearly $43.5 Billion worth. :star_struck:

Post the amount in tonnes and calculate the total current value in USD.

Thailand 154 tons of gold with the price of $ 1,805.27 per oz = total price of 8,896,370,560 Dollars… is this real or am i just bad at maths…

Belgium
227 tonnes @ $58.1 million/ton =
$ 13 188 700 000

32000 oz = 1 ton
so your math is correct

1 Like

Denmark> 66.55 ton; 1 ounce of Gold 1777 USD today.
66550 x 35.275 x 1777 USD = 4.171.598.571 USD

Canada holds no gold in its reserves.

usa = 8133 tonnes
1 tonne = 35,274 oz
286,883,442 oz totes
$1760/oz
==$505 billion

13.9 tones

Value $646.3 million

USA
Ok, so heres hoping I got this calculation correct.
32,150.7 ounces = 1 Gold tonne
US Gold in tonnes = 8133
32,150.7 x 8133= 261,475,950 ounces
Currency conversion value of Gold in USD = $460,252,283,694.97

310 tonnes in uk
16.312 trillion usd

The US has 8133 tonnes of Gold in the central bank reserves. Based on the current price of $57.62 Million/metric ton, the value of the US Gold reserves is approximately $468,623,460,000.

Belgium: $8.032.029.600,00