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Status Report of U.S. Government Gold Reserve


Report as of: February 29, 2016

Department of the Treasury
Bureau of the Fiscal Service
Status Report of U.S. Government Gold Reserve
February 29, 2016

Summary Fine Troy Ounces Book Value
     
Gold Bullion 258,641,878.074 $10,920,429,098.79
Gold Coins, Blanks, Miscellaneous 2,857,048.156 120,630,858.67
     
Total 261,498,926.230 11,041,059,957.46
     
Mint-Held Gold - Deep Storage    
     
  Denver, CO 43,853,707.279 1,851,599,995.81
  Fort Knox, KY 147,341,858.382 6,221,097,412.78
  West Point, NY 54,067,331.379 2,282,841,677.17
Subtotal - Deep Storage Gold 245,262,897.040 10,355,539,085.76
     
Mint-Held Treasury Gold - Working Stock    
  All locations - Coins, blanks, miscellaneous 2,783,218.656 117,513,614.74
Subtotal - Working Stock Gold 2,783,218.656 117,513,614.74
     
Grand Total - Mint-Held Gold 248,046,115.696 10,473,052,700.50
     
Federal Reserve Bank-Held Gold    
     
Gold Bullion:    
  Federal Reserve Banks - NY Vault 13,376,987.715 564,805,850.63
  Federal Reserve Banks - display 1,993.319 84,162.40
Subtotal - Gold Bullion 13,378,981.034 564,890,013.03
     
Gold Coins:    
  Federal Reserve Banks - NY Vault 73,452.066 3,101,307.82
  Federal Reserve Banks - display 377.434 15,936.11
Subtotal - Gold Coins 73,829.500 3,117,243.93
     
Total - Federal Reserve Bank-Held Gold 13,452,810.534 568,007,256.96
     
Total - U.S. Government Gold Reserve 261,498,926.230 $11,041,059,957.46
     

Book Value: The Department of the Treasury records U.S. Government owned gold reserve at the values stated in 31 USC ยง 5116-5117 (statutory rate) which is $42.2222 per Fine Troy Ounce of gold. The market value of the gold reserves based on the London Gold Fixing as of September 30, 2015 was $291.3 billion.

Deep Storage:  That portion of the U.S.Government-owned gold bullion reserve which the Mint secures in sealed vaults that are examined annually by the Treasury Department's Office of the Inspector General and consists primarily of gold bars.

Working Stock:  That portion of the U.S. Government gold reserve which the Mint uses as the raw material for minting congressionally authorized coins and consists of bars, blanks, unsold coins and condemned coins.

The gold reserve held by the Department of the Treasury is partially offset by a liability for gold certificates issued to the Federal Reserve Banks at the statutory rate, which Treasury may redeem at any time.



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