<P> The Bank is custodian to the official gold reserves of the United Kingdom and around 30 other countries . The vault , beneath the City of London , covers a floor space greater than that of the third - tallest building in the City , Tower 42 , and needs keys that are three feet ( 91 cm ) long to open . As of April 2016 , the Bank held around 400,000 bars , which is equivalent to 5,134 tonnes of gold . These gold deposits were estimated in July 2017 to have a current market value of £ 142,000,000,000 . These estimates suggest the vault could hold as much as 3 % of the gold mined throughout human history . </P>
<P> The Bank is custodian to the official gold reserves of the United Kingdom and around 30 other countries . The vault , beneath the City of London , covers a floor space greater than that of the third - tallest building in the City , Tower 42 , and needs keys that are three feet ( 91 cm ) long to open . As of April 2016 , the Bank held around 400,000 bars , which is equivalent to 5,134 tonnes of gold . These gold deposits were estimated in July 2017 to have a current market value of £ 142,000,000,000 . These estimates suggest the vault could hold as much as 3 % of the gold mined throughout human history . </P>
who owns the gold in the bank of england
who owns the gold in the bank of england
the United Kingdom and around 30 other countries
the United Kingdom and around 30 other countries