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The bank of england protects about 197 billion 315bn worth of gold according to the mostly recently published figures.
Bank of england gold vault door. The bank of england gold vault if britains prime minister had a secret he would want to keep it here. More than 4600 tons of gold are safeguarded in what is the uks largest gold vault. The bank of england was founded in 1694. A fifth of the worlds gold is hidden under london worth an estimated 172 billion 248 billion.
The bank of englands gold vaults hold 194bn worth of gold bars. Visit the bank of england museum. The gold bars in these vaults support the london gold clearing system and provide the gold supply for the london gold. If you stacked them all on top of each other they would be the same height as 46 eiffel towers.
The bank of england gold vaults are located on 2 underground levels beneath the banks headquarters in the city of london. Film by brady haran. Our secret gold mine hidden under londons streets its meant to be one of the most secret vaults in britain but yesterday the bank of england broke its own cast iron rule. That makes the bank of england the second largest keeper of gold in the world the new york federal reserve tops the list.
You can however hold a real gold bar in the bank of england museum. Our gold vaults hold around 400000 bars of gold worth over 100 billion. Both of these are on display. The bank claims to store over 400000 good delivery bars in its vaults.
Bank of england vaults. They hardly ever let anyone in. We only own two gold bars. The vaults under the bank of england on threadneedle street are said to hold 5134 tonnes of gold.
The bank of englands gold vaults hold 194bn worth of gold bars. Britains central bank is also one of the largest holders of gold in the world which it stores in vaults spread over two floors. Who owns the gold at the bank of england. Featuring professor martyn poliakoff.
If you stacked them all on top of each other they would be the same height as 46 eiffel towers. In the past you could exchange banknotes for the equivalent value in gold at the bank of england but this has not been possible since the early 1930s.
