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Does the us still have gold reserves?

It currently holds approximately 147 million troy ounces (4,580 metric tons) of gold ingots, more than half of the gold stored in the Treasury. The United States Mint Police protects the deposit. Government Gold Reserve A program of the Office of the Tax Service This A-Z index lists all the content of the Tax Service, including information on how to Convert 401k to Gold IRA. You can also view only the & Services programs. JavaScript disabled Some features on this site will not work with JavaScript disabled.

Please enable JavaScript to use all features. The table can be scrolled on smaller screens. The gold reserve held by the Treasury Department is partially offset by the obligation of gold certificates issued to Federal Reserve banks at the legal rate, which the Treasury can exchange at any time. The Federal Reserve does not own gold.

The Treasury Annual Report provides information on gold and gold certificates in the United States Central Summary table of the balances of the United States General Ledger accounts. The gold reserve held by the Treasury Department is partially offset by the obligation for gold certificates issued to Federal Reserve banks at the legal rate, which the Treasury can exchange at any time. Table 3.13 indicates the book value of gold deposited with the Federal Reserve Bank of New York for foreign and international accounts in the gold frame intended for specific purposes. The Gold Reserve Act of 1934 required that the Federal Reserve System transfer ownership of all of its gold to the Department of the Treasury.