The Federal Reserve Bank of New York Gold Vault: Explained
The Federal Reserve Bank of New York Gold Vault: Explained
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World's Largest Gold Vault: world record in New York City, New York
World's Largest Gold Vault: world record in New York City, New York
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worldrecordacademy.org
The Federal Reserve Bank of New York holds the world's largest gold depository, guarding bars worth over $18,000,000,000,000 at current market rates. This underground vault sits on Manhattan's bedrock, securing 6,330 tons of bullion as a critical anchor for global and American financial stability. #NewYorkGold #FederalReserve #GoldStandard #FinanceFacts | Gold USD | Facebook
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The New York Fed’s gold vault is on the basement floor of its main office building in Manhattan. Built during the construction of the building in the early 1920s, the vault provides account holders with a secure location to store their monetary gold reserves. None of the gold stored in the vault belongs to the New York Fed or the Federal Reserve System. The New York Fed acts as the guardian and custodian of the gold on behalf of account holders, which include the U.S. government, foreign governm
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