2 ms·
> The US government holds 261,498,926 troy oz of gold. Market value: $11,041,059,957 I think you may have gotten the wrong row when you looked up gold prices t
by tzs 2y ago
> The US government holds 261,498,926 troy oz of gold. Market value: $11,041,059,957
I think you may have gotten the wrong row when you looked up gold prices to calculate that value. That value divided by that quantity gives $37.88/oz. Prices that low have not been seen since around 1970.
Today's price is around $2800/oz, giving a value of $732,196,992,800.