Where is the world’s largest known stockpile of gold? Explained
The Federal Reserve Bank of New York, situated in Manhattan, houses the most extensive documented collection of gold globally, contrary to the common belief that it is stored at Fort Knox, Kentucky. Positioned roughly 80 feet beneath the city’s streets, the bank’s subterranean vault accommodates an estimated 497,000 gold bars, with a collective weight of approximately 6,190 metric tons. This substantial reserve is not exclusive to the U.S. government; it also serves as a storage site for foreign central banks, governments, and international institutions seeking security and financial steadiness.
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