How much gold your country’s central bank currently holds in its reserves. Post the amount in tonnes and calculate the total current value in USD.
Colombia = 4.68 tonnes = US$317,288,724.48
Canada = 0
UK has 310 tonnes corresponding to over $20.8 billion at current value of $1900/oz
UK 310 tones of gold
1k = £43.000 $60.840
43.000*310=£13,330,000 $18,860,617
Argentina 61.74 tones
61337.15$ x kg
378.695.564
I´m surprised that Argentina has gold supply and countries like Canada does not.
Yup. Zero for Canada! I guess our government decided it was better to hold other assets.
Malaysia - 38.8 x$60.8/tonne = $2.36b
How much gold your country’s central bank currently holds in its reserves.
Post the amount in tonnes and calculate the total current value in USD.
I was born and raised from Cameroon.
Cameroon 0 Tonnes at $0.
I’m currently living in there Unites State of America.
United State 8133 Tonnes at $520,512,000,000.00
India have 695 tn gold.
1 ton gold = 32150.75 oz, today 13 June 2021 rate is $1876/oz
So 695 x 32150.75 x 1876 ≈ 41.91 billion dollar
Australia , 79.85 tonnes allegedly. Presuming the unit of measure is metric and not imperial or US in the table at https://tradingeconomics.com/country-list/gold-reserves, this equates to 79.85 x 32150.746568628 = 2567237.11350495 troy ounces. The current price according to goldprice.org is $1,857.70 USD/oz and so we get 2567237.11350495 x 1,857.70 = $4,769,156,385.76 in USD value. However, this is not held in Australia but rather in the UK by the Bank of England so …
the USA has 8133 tonnes of gold, equaling roughly $494,730.39 million
Australia - 79.9 Tonnes
79.9T = 2,818,390 oz Gold
Current Gold spot price = $1,867.27
2,818,390 oz x 1,867.00 = $5,261,934,130.00 USD
Romania, 104 t. 6 235 736 000 USD
The US has approximately 8,133 tons of gold held in reserve with an estimated value of $536,270,731,634.
Not remotely enough to revert back to a gold standard for the US Dollar…
Canada: 0.0000000 USD
This is not comforting
United Kingdom 310 tonnes = US$18,011,942,400
Price obtained from the site below;
https://www.lme.com/en-GB/Metals/Precious-metals/LME-Gold#tabIndex=0
Spot Price is 1769.30
Amount held on reserve is 310
Total value is $548483
united states. 8133 tons , total value = 464,557,000,000 dollars
Estonia = 0.25 tonnes = $14,380,000
8133 tonne=$57.2million