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The gold bars in these vaults support the london gold clearing system and provide the gold supply for the london gold.
Bank of england gold vault security. A fifth of the worlds gold is hidden under london worth an estimated 172 billion 248 billion. 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. Bank of england charges for its gold storage 35 pence per bar per night. Several thousand 28lb bars of 24 carat gold stored in the bank of englands massive underground vault.
We publish the data with a minimum three month lag. The bank of england was founded in 1694. Bank of england vaults. Britains central bank is also one of the largest holders of gold in the world which it stores in vaults spread over two floors.
These data show the weight of gold we have in our custody on the last business day of each month. The bank of england gold vaults are located on 2 underground levels beneath the banks headquarters in the city of london. The bank of englands gold vaults hold 194bn worth of gold bars. The bank claims to store over 400000 good delivery bars in its vaults.
Heres a glimpse inside. If you stacked them all on top of each other they would be the same height as 46 eiffel towers. We publish the data with a minimum three month lag.
