Activity Lesson 3

8133.5 metric tonns of gold
290 billion usd

Honduras = 0 tons = $0.
:frowning:

I live in The Netherlands and they have 612 tonnes in their reserves, worth currently 36,951,956,935 US dollars
in short 36,9 billion USD

Saudi Arabia Gold Reserves (in metric Tonnes): 323t
Saudi Arabia Gold Reserve Value (in USD): $19,630,596,320

$523,016,200,000 worth of gold in USA

Norway - 36.8 Tonnes - 2.169.619.292,8 USD
Current price per kg: 64.989 USD
25-5-2021

There are 8,133 tons of gold in the United States’ central bank reserves.

Price per ounce of gold= $1,898
1 ton= 32,000 ounces
$1,89832,000= $60,736,000
$60,736,000
8,133= $493,965,888,000 of gold in central bank reserves.

My country (Jamaica) is not found in the list on the website, hence I assume our central bank currently does not hold any Gold reserves. 0 tonnes of Gold = 0 USD

The US has 8133.46 tonnes of Gold in Reserves it is currently $1901.46 USD for spot. Total value in USD is $495,271,755,795

Netherlands:

612 tonnes

$ 37.469.498.000

in Spain
1 OZ = 1700$ (1kg ≃ 35 OZ)
59500.000 x 282 tonnes = 16779000000 $

Mexico: 120 Tonnes = 3,840,000 ounces of gold
x 1,904.30 (current ounce price)
= 7,312,512,000 of USD value

Netherlands

€3.069.7110.000

Canada…0. We have no gold reserves.

South Africa: 125 Tonnes

125 Tons of Gold is Worth: 6,902,036,458 U.S. dollars (USD)

Netherlands: 612 tonnes = 36,9 billion US Dollars

Argentina: 61.74 tonnes of gold, worth $4.136.061.552.

Czech Republic 9.48 tonnes
This makes it USD 578,422,200 in today’s price.
Not much, not much at all…

Currently in the USA… which holds 8133 tonnes of Gold Reserves.

Based on a gold price of 1904.1/oz (Google’d it), that puts the value at ~$546B USD.

My home country, on the other hand… has a much easier calculation.
Canada holds zero gold reserves. Multiply that by the price of gold mentioned earlier…
Oh yeah, still zero. Where’s your gold at, Canada?

The amount in tonnes of Gold in France is:
2436

The price in USD ($) of a tonne of Gold at the 01 June 2021 is:
$61.33 Million

The total value of Gold in USD ($) of the France is:

149 399 880 000 $