Gold statistics

Article ID: f6aa59cdc9719e283311352d94dff7e97f5b38d69962e4bcd5a2cd2e01b61d23

Source ID: regulatory:bankofengland.co.uk

Published At: -

Extraction Method: trafilatura

URL: https://www.bankofengland.co.uk/statistics/gold

Body Text

Overview
These data show the weight of gold we have in our custody on the last business day of each month. We publish the data with a lag of five business days.
Values are given in thousands of fine troy ounces. Fine troy ounces are best understood through defining both a fine troy ounce and a troy ounce. A fine troy ounce denotes only the pure gold content of the bar. A troy ounce is a traditional unit of weight used for precious metals. It is different in weight to an ounce, with one troy ounce being equal to 1.0971428 ounces avoirdupois.

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