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The price of gold trades to a fresh weekly high 1870 after showing a limited reaction to the federal reserve s first interest rate decision for 2021 and the precious metal may continue to.
Gold price us treasury. The spot gold price refers to the price of gold for immediate delivery. The price of gold trades below the 50 day sma 1857 again even though the federal open market committee fomc is expected. Table may scroll on smaller screens book value.
The market value of the gold reserves based on the london gold fixing as of september 30 2020 was 493 4 billion. Government owned gold reserve at the values stated in 31 usc 5116 5117 statutory rate which is 42 2222 per fine troy ounce of gold. Transactions for bullion coins are almost always priced using the spot price as a basis.
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