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Bank of england vaults.
Bank of england gold vault security. Bank of england charges for its gold storage 35 pence per bar per night. A fifth of the worlds gold is hidden under london worth an estimated 172 billion 248 billion. The gold bars in these vaults support the london gold clearing system and provide the gold supply for the london gold. We publish the data with a minimum three month lag.
They hardly ever let anyone in. Indeed less than a decade ago the noble metal was trading at a mere 275 an ounce. The bank claims to store over 400000 good delivery bars in its vaults. The vaults under the bank of england on threadneedle street are said to hold 5134 tonnes of gold.
These data show the weight of gold we have in our custody on the last business day of each month. Britains central bank is also one of the largest holders of gold in the world which it stores in vaults spread over two floors. The bank of england gold vaults are located on 2 underground levels beneath the banks headquarters in the city of london. We publish the data with a minimum three month lag.
If you stacked them all on top of each other they would be the same height as 46 eiffel towers. 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. The bank of england was founded in 1694.
