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Gold Surge: Valued Up to $680 Billion Amid Uncertainty

8/2/2025

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Summary

Story summary

As of July 2025, gold in the New York Federal Reserve vault is valued between $470 billion and $680 billion.
The majority of this gold is owned by foreign governments, while the U.S. Treasury holds approximately 416 metric tons.
Amid economic uncertainty, gold is increasingly seen as a stable asset, driving demand due to global debt and geopolitical tensions.
In 2024, gold surpassed the euro to become the second-largest global reserve asset.

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Story summary

As of July 2025, gold in the New York Federal Reserve vault is valued between $470 billion and $680 billion.
The majority of this gold is owned by foreign governments, while the U.S. Treasury holds approximately 416 metric tons.
Amid economic uncertainty, gold is increasingly seen as a stable asset, driving demand due to global debt and geopolitical tensions.
In 2024, gold surpassed the euro to become the second-largest global reserve asset.