Bank Of England Gold Vault Door

Indeed less than a decade ago the noble metal was trading at a mere 275 an ounce.

Bank of england gold vault door.

We re inside a gold bullion vault. Several thousand 28lb bars of 24 carat gold stored in the bank of england s massive underground vault. Britain s central bank is also one of the largest holders of gold in the world which it stores in vaults spread over two floors. We look after more than 400 000 gold bars worth billions of pounds.

Safe as the bank of england so goes the old phrase. The gold is kept in nine underground vaults and we guard it very carefully. Even the keys to her vaults are more than a foot long the locks also. Were being shown the bank of england s underground gold store.

Our gold vaults hold around 400 000 bars of gold worth over 100 billion. Bank of england provides gold storage facilities for over 70 central banks and a number of commercial bullion banks. The huge doors are opened with 3ft long keys and. Here s a glimpse inside.

That makes the bank of england the second largest keeper of gold in the world the new york federal reserve tops the list. You can support us on patreon. Granted it isn t just any bank it s the local federal reserve. A bank in cleveland ohio has the largest vault door on the face of the planet.

The bank of england gold vaults are located on 2 underground levels beneath the bank s headquarters in the city of london. The bank claims to store over 400 000 good delivery bars in its vaults. And yes with walls 8ft thick the old lady is pretty impregnable. Ohio isn t the picture i get in my head when i think bank heist and for the record the vault door weighs 91 tons the equivalent of two humpback whales.