Oh Dear 1.7 billion I read my calculation totally wrong
The UK has 310 tonnes of gold currently according to the website referenced. At the current spot price of $54,695.36 per KG, this equates to a total value of 310 x 1,000 x $54,695.36 i.e. $16,955,561,600… Or more simply stated to 2 decimal places, c. $16.96 bn… Thanks Gordon Brown for selling off half the UK’s Gold reserves virtually at the low of the last few decades… Cheers, Alex
UK 310 tonnes of gold.
Around $186.000.000.000
The United States has 8134 metric tonnes of gold
Each British tonne (used for precious metals) is 2, 240 pounds.
16 Oz * 2240 = 35, 840 Oz in a tonne.
8134 * 35, 840 = 291,522,560 Oz
291,522,560 * $1699 price per Oz of Gold. = $495,296,829,440.00
Philippines gold reserve
197 tonnes = 197,000kgs
$55,898.57/kg x 197,000kgs = $1.153 billion.
Using the website below, find out how much gold your country’s central bank currently holds in its reserves.
https://tradingeconomics.com/country-list/gold-reserves
Post the amount in tonnes and calculate the total current value in USD.
Well my calculation is super easy, because my country, Canada, has 0 gold in its reserves!!! Wow!
I just learned this too, totally worrying! What is our country doing?
UK gold reserves: 310 tonnes
Price per KG: $55,304.35 according to goldprice.org
Therefore price per tonne: $55,304,350
55304350 * 310 = $17,144,348,500
Norway. No gold reserve! Sold it in 2004.
There’s 2452 tones of gold in the central bank reserve here in Italy.
That equals to: 2452 tones = 2.224.417 kg x $55.184 = $122.752.227.728 USD
I actually knew this prior to joining the Academy, but Swedens Riksbank owns 125,7 tonnes of Gold. Which is, according to their weekly report as of 2020-06-07, 64483 million SEK - or about 6973 million USD.
Chile´s CB has 0.25 ton of gold.
At today´s price of $1,723.15 USD an ounce, that adds up to $13,785,200 USD or 1,408.42 BTC. $0.77 USD roughly per capita.
8134 Tonnes!!! . idkdkd
In US, is where I’m at peoeple!
The US has 8134 tonnes, which equates to roughly $500 Billion USD
US Gold Supply = 8134 Tons = 286,918,716 oz = $487,761,817,200
8134
261,514,200 x 1800 = 470,725,560,000 USA
The Venezuelan Central bank doesn’t list their gold storage in years. Part of the reasons we can’t trust our currency.
8134
261,514,200 x 1716 = 448,758,367,200 USA
Latvia has 6.7 tonnes at the moment. It is approx 370,480,604.00 dollars.