The Bank Of England Vault

Beneath the bank of england in.

The bank of england vault. In the past you could exchange banknotes for the equivalent value in gold at the bank of england but this has not been possible since the early 1930s. Britains queen elizabeth tours a gold vault during a visit to the bank of england in the city of london december 13 2012. Both of these are on display. The bank of englands gold vaults hold 194bn worth of gold bars.

Queen elizabeth ii tours the gold vault during her visit to the bank of england in central london. Bank of england charges for its gold storage 35 pence per bar per night. The vaults under the bank of england on threadneedle street are said to hold 5134 tonnes of gold. The gold bars in these vaults support the london gold clearing system and provide the gold supply for the london gold.

We only own two gold bars. Can i buy gold from the bank of england. Panoramic tour on the app shows stacks of shining gold bars each weighing around 13kg and valued. That makes the bank of england the second largest keeper of gold in the world the new york federal reserve tops the list.

Our gold vaults hold around 400000 bars of gold worth over 100 billion. Break into the bank of england. If you stacked them all on top of each other they would be the same height as 46 eiffel towers. The bank of england gold vaults are located on 2 underground levels beneath the banks headquarters in the city of london.

Who owns the gold at the bank of england. Bank of england welcomes you into its vaults via an app this article is more than 6 years old. Reuterseddie mulholland take the virtual tour here. You can however hold a real gold bar in the bank of england museum.

Virtual tour app takes you inside the famous building and its gold vault with 3600 panoramic views new app gives the public a virtual tour of the uk central banks. Visit the bank of england museum.