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$291,188,374,511

HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭
edited November 8, 2018 3:15PM in Precious Metals

The market value of gold that is in deep storage with the US Mint as of 30 Sep 18.

Edited to add extract: “The deep storage gold and silver reserves are reported in these schedules at the values stated in 31 U.S.C. § 5116 and § 5117 (statutory rates) which are $42.2222 per fine troy ounce (FTO) of gold and no less than $1.292929292 per FTO of silver. Accordingly, the Mint values the silver at $1.292929292 per FTO. An offsetting liability is also reported for these assets.
At September 30, 2018 and 2017, the market values of gold per the London Gold Fixing (PM) were $1,187.25 per FTO and $1,283.10 per FTO, respectively. Deep storage gold inventories consisted of the following at September 30:”

The copy of the chart does not paste well... More info: https://www.treasury.gov/about/organizational-structure/ig/Pages/by-date-2019.aspx

Comments

  • MsMorrisineMsMorrisine Posts: 33,079 ✭✭✭✭✭

    The us mint's annual report lists the ounces in storage.

    The federal reserve's web site shows that the treasury has issued certificates to the fed as collateral for the federal reserve notes it can cover. The value of an oz of gold pledged is set at less than $50 somewhere. I think it's in the $30's.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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