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Comment by ceejayoz

https://www.newyorkfed.org/aboutthefed/goldvault.html

> As of 2024, the vault housed approximately 507,000 gold bars, with a combined weight of 6,331 metric tons. The vault is able to support this weight because it rests on the bedrock of Manhattan Island, 80 feet below street level and 50 feet below sea level.

> Following the verification process, the gold is moved to one of the vault’s 122 compartments, where each compartment contains gold held by a single account holder (meaning that gold is not commingled between account holders).

It’s a very fancy closet.

parent ceejayoz 1 year ago

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