Activity Lesson 3

8133 (tonnes in US) x 32000 (oz in a ton) x 1784 = 464,296,704,000 USD

Sweden 125.72 tonnes $7,144,419,901.62

Ireland 6 tonnes $341,556,480

Caribbean island 2tonnes x $1800

31,69 tones
$950,700,000

US has 8,133 tonnes of gold which translates to $467,267,696,219

On June 25,2021 gold was valued at $1787.00

Ireland: 6 tonnes @ 1781.10 current market value = $376,958,700.93

Australia has 79.85 tonnes of gold reserves at a value of $4,572,993,530.00 USD

695 tons = $39542720000

US has 8,133 tonnes of gold or $467,267,696,219

A. Germany central bank, 3362 tonnes of gold ca. $95,436,750,907.90 USD depending on the karat (gold purity). For this example it was considered the average number of 12 karat, about 50% pure gold.

Philippines
164.06 tonnes = 5,786,693.5 oz
$1,760.56 per oz as of 6/29/2021 12:31pm pst
$10,187,821,108.36 total value in USD

Argentina has 61.74 tons at $56643.19 per kg = 3.497.150.550,6

229 tonnes - Poland
13,159,033,870 USD

UK 310 T = 10,934,940 Oz @ $1,787.55/Oz = $19,546,751,997

Spain owns 282 T of gold, at a price/kg of 48.437,41 EUR, that is 13.659.349.600 EUR

0 :scream: I’m in Canada and I had no idea we have no gold reserves

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Belgium:

  • 227 tonnes
  • 13 016 180 000 dollars

Japan

846 tonnes (last)
764 tonnes (previous)

I’m surprised to see Japan holding so much more Gold and Canada, none.

I’m surprised too :joy: :joy: