Activity Lesson 3

United Arab Emirates - As on June 2021 - 55.26 Tonnes = 3,236,743,980 USD

Wow, for Canada the answer is 0!

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Switzerland holds 1040 t
price gold/ oz: 1855.34 USD
Total: 68’063’000’266 USD

Canada… 0 gold reserves… scary…

0 tonnes = 0 USD

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US has 8133 tonnes, which is currently somewhere over 500 billion USD

8133 tonnes x $1860/oz = approximately $533 billion

My county’s official reserve, according to the website, is 8133 tons.
At today’s spot price (11/15/21), that would come out to
$1863/ oz
16 oz/ lb
2000 lbs/ ton
8133 tons

$1863 x 16= $29,808/ lb
x 2000/ ton= $59,616,000/ ton
x 8133 tons= $4.84856928 (11th power)
Whew!

Slovakia

31.69tonnes as of 07/2021, 59 470 USD/kg as of 19.11.2021

= 1 884 604 300 USD

USA
8133 Tonnes @ $1,846/oz as of 2021.11.19

The United States of America currently holds $480,432,576,000.00 worth of gold in reserve.

8133 tones worth 482 billion for USA

UK
310 Tonnes
1 Kg = 58000 $
310 000 KG = 17,980,000,000

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My home country Mauritania in northwest Africa has 1 tonnes of gold as of 2021 which is about $64M or 0.256% of total GPD

6.43 tonnes of gold for Nepal with a value of $397,673,427.

8,133.5 tonnes
$467,745,222,080.00

Venezuela

Gold Reserves 161 Tonnes. Source: FMI

Current price is:

USD$ 9,278,982,230

Lastest report by other Venezuelan Sources: 83 Tonnes

USA - 8133 tonnes

$468 billion in reserve

Belarus: 50 ton of gold with the current value $2’872’600. Not so much :confused:

Canada has 0 reserves, which is really strange

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Austria has 280 tons of gold. Right now 1kg of Gold is worth 57.532,2$ so Austria´s worth of Gold is: 57.532,21000280= 16.109.016.000USD

United State: 8133 tons = $423,315,194,750