Boris_Badenov on Nostr: The US Federal Reserve states its holdings of #gold at book value, based upon the ...
The US Federal Reserve states its holdings of #gold at book value, based upon the exchange in place when it devalued in the 1970's. This is $42 per ounce of #gold.
This is government accounting. Lmao.
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how much gold is stated in the federal reserve books
The U.S. government holds approximately **261 million fine troy ounces** of gold, valued at the statutory book price of **$42.2222 per troy ounce**, giving a total book value of just over **$11 billion**[1][2][3]. Most of this gold is stored in locations like Fort Knox, the U.S. Mint facilities, and the Federal Reserve Bank of New York, which acts as a custodian for a portion of the Treasury's gold[2][3]. The Federal Reserve itself does not own gold but holds some in custody for the Treasury[3].
Citations:
[1] Status Report of U.S. Government Gold Reserve - Fiscal.Treasury.gov https://fiscal.treasury.gov/reports-statements/gold-report/
[2] How Much Gold Does The U.S. Government Have? - GSI Exchange https://gsiexchange.com/learn/how-much-gold-does-the-u-s-government-have/
[3] The Fed - Does the Federal Reserve own or hold gold? https://www.federalreserve.gov/faqs/does-the-federal-reserve-own-or-hold-gold.htm
[4] How Much Gold Does The US Government Have? - CountyOffice.org https://www.youtube.com/watch?v=hs5UBuHxzfc
[5] Book Value of Federal Reserve Bank Held Gold Bullion: NY Vault https://fred.stlouisfed.org/series/FRVGBSV
[6] The Fed - U.S. Reserve Assets, January 2025 https://www.federalreserve.gov/data/intlsumm/current.htm
[7] Gold Vault - Federal Reserve Bank of New York https://www.newyorkfed.org/aboutthefed/goldvault.html
[8] Book Value of Federal Reserve Bank Held Gold Coins On Display https://fred.stlouisfed.org/series/FRDGCSV
This is government accounting. Lmao.
###########
how much gold is stated in the federal reserve books
The U.S. government holds approximately **261 million fine troy ounces** of gold, valued at the statutory book price of **$42.2222 per troy ounce**, giving a total book value of just over **$11 billion**[1][2][3]. Most of this gold is stored in locations like Fort Knox, the U.S. Mint facilities, and the Federal Reserve Bank of New York, which acts as a custodian for a portion of the Treasury's gold[2][3]. The Federal Reserve itself does not own gold but holds some in custody for the Treasury[3].
Citations:
[1] Status Report of U.S. Government Gold Reserve - Fiscal.Treasury.gov https://fiscal.treasury.gov/reports-statements/gold-report/
[2] How Much Gold Does The U.S. Government Have? - GSI Exchange https://gsiexchange.com/learn/how-much-gold-does-the-u-s-government-have/
[3] The Fed - Does the Federal Reserve own or hold gold? https://www.federalreserve.gov/faqs/does-the-federal-reserve-own-or-hold-gold.htm
[4] How Much Gold Does The US Government Have? - CountyOffice.org https://www.youtube.com/watch?v=hs5UBuHxzfc
[5] Book Value of Federal Reserve Bank Held Gold Bullion: NY Vault https://fred.stlouisfed.org/series/FRVGBSV
[6] The Fed - U.S. Reserve Assets, January 2025 https://www.federalreserve.gov/data/intlsumm/current.htm
[7] Gold Vault - Federal Reserve Bank of New York https://www.newyorkfed.org/aboutthefed/goldvault.html
[8] Book Value of Federal Reserve Bank Held Gold Coins On Display https://fred.stlouisfed.org/series/FRDGCSV