Did you know that underneath New York City’s financial district, specifically at 33 Liberty Street, lies the biggest gold reserve in the world, holding more than 6,000 tons of the precious metal?
The gold vault plays a crucial role in global gold reserves and maintains its status as the largest gold depository worldwide, despite changes in gold deposits over time. In 2019, it held 497,000 gold bars totaling approximately 6,190 tons. These bars are securely stored in individual lockers with stringent monitoring and security measures in place to safeguard the assets.
Interestingly, this gold depository is actually not under the direct ownership of the US government. Instead, it serves as a secure storage facility for 36 foreign governments, as well as select central banks and international organizations. This arrangement provides an additional level of protection for the assets of the participating nations, as it is not under the direct control of the US government.
Access to the gold vault is highly regulated, with stringent security checks in place for all visitors. While visitors are allowed to tour the facility, they are only permitted to view the gold from a designated display area and are strictly prohibited from handling or taking photos of the valuable metal. The security measures include comprehensive background checks, restrictions on personal belongings brought inside, and a ban on photography to safeguard the confidentiality of the vault’s contents.
The exact whereabouts of the gold vault are kept under tight security, which further enhances the protection of the valuable assets housed inside. This vault plays a crucial role in maintaining the financial stability of the countries involved and stands as a representation of economic strength and security.
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