Activity Lesson 3

Presently 310 tonnes in uk
The value at this moment in time in USD $17,276,905,250.80

LOL nothing to calculate! Canada has ZERO… USDCad exchange X 0tonnage=Zero
Post the amount in tonnes and calculate the total current value in USD.

The United States holds 8134 Tons of Gold
32,150.7 Troy Ounces of Gold in 1 Ton of Gold
U.S. Total Tons (8134) x Current Daily Price Per Ounce 0f Gold ($1724.10).
Total for USA is $4,505,359,639,586.4

13.8 metric tons of gold in Colombia which are equal to $839258604.87 at a current Oz of gold 17.24.10

Sweden - 126 Tonnes
126 tonnes = 4 050 994,07 troy oz

Current price at https://tradingeconomics.com/commodity/gold
1738,50 USD/t.oz

4 050 994,07 x 1738,50 = 7 002 143 249,995 USD

I’m a Canadian, and I can’t believe that …
the Bank of Canada actually holds no gold reserves!
This is what I got from the website; am I mistaken about something??

usa 8134 tonnes
523,016,200,000 dollars

:open_mouth: Zilch! Canada you deadbeat!

US currently has 8133.5 tons of gold.

Current price per ounce is $1683

Number of ounces per ton is 32000

8133.5 * 32000 = 260,272,000 ounces of gold

Current value is 260,272,000 * 1683 = $438,037,776,000

my country, the united states has allegedly 8133.50 tonnes of gold . 1 tonne equals 35273.96oz. one ounce of gold on the spot price is $1,742.70 USD.
$1742 x 35273.96 = $61,471,930.092. now we times
$61,471,930.092 x 8133.50 = $499,981,943,403.282 in gold measured in usd. am i off?

UK has 310 tonnes according to that table
utilising the price of $1700/ounce from the video
[1 tonne = 1 million grams] [ 1 g = 0.035274 ounces ]

310 tonnes = 300,000,000 grams
310,000,000 g x 0.035274 = 109,349,400 0unces
109,349,400 x $1700 =
310 tonnes = $185,893,980,000 [USD value]

Perú:
34.7 tonnes
1,926,885,458.99 USD

Canada = 0 Tonnes = $0 USD

USA
$523,016,200,000.00
8,134 Tonnes of Gold.

Australia owns 79.9 tonnes of gold which is
$4,465,827,203.1678USD at the current price

The Netherlands hold 612 tonnes of gold

That amounts to 612.000 kg and at a price of currently €51.507,52 per kg makes a cap of € 31.522.602.240 (€ 31.5 billion)
In USD that amounts to about € 34.7 billion

Switzerland has 1040t = $57.28Bn

My country of residence = USA

Short answer = $413 + Billion
Longer answer = 8134 Tonnes Gold @ $1741.80 / oz x 29,166.67 oz/ton = $413,227,582,226.004

Belgium 227 tonnes (2000/oz) = 14.596.100.064,3

Italy owns 2452 tons =
2452000 Kg * 55,741.04 =
136,677,030,080.00 USD