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Showing posts with label stockpile. Show all posts
Showing posts with label stockpile. Show all posts

Sep 3, 2019

[Ans] Where is the world's largest known stockpile of gold?

Step 1 : Introduction to the question "Where is the world's largest known stockpile of gold?"



About 80 feet below Wall Street lies about 6,350 tons of gold, made up of about 508,000 bars, that are collectively worth hundreds of billions of dollars. According to “Key to the Gold Vault", a Federal Reserve Bank of New York publication, the gold vault in the New York Fed’s basement “is the world’s largest accumulation of gold and belongs to 36 foreign governments, central banks, and official international organizations.” When any compartment inside the vault is opened, three people, including one New York Fed auditor, must be present to ensure that the gold is safe.

[Answer] Where is the world's largest known stockpile of gold?

Step 1 : Introduction to the question "Where is the world's largest known stockpile of gold?"



...About 80 feet below Wall Street lies about 6,350 tons of gold, made up of about 508,000 bars, that are collectively worth hundreds of billions of dollars. According to “Key to the Gold Vault", a Federal Reserve Bank of New York publication, the gold vault in the New York Fed’s basement “is the world’s largest accumulation of gold and belongs to 36 foreign governments, central banks, and official international organizations.” When any compartment inside the vault is opened, three people, including one New York Fed auditor, must be present to ensure that the gold is safe.