Total Gold Reserves of Federal Reserve Banks for United States
M14062USM027NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.12
Year-over-Year Change
4.90%
Date Range
11/1/1914 - 5/1/1949
Summary
The Total Gold Reserves of Federal Reserve Banks for the United States measures the total value of gold held by the Federal Reserve. This metric is important for assessing the central bank's liquidity and the nation's monetary policy stance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the total value of gold bullion and coin held by the Federal Reserve Banks in the United States. The level of gold reserves held by the central bank is a key indicator of the country's monetary and financial strength, as well as the Fed's ability to support the US dollar.
Methodology
The data is collected directly from Federal Reserve balance sheet reports.
Historical Context
Policymakers and analysts monitor gold reserves to gauge the Fed's capacity to conduct open market operations and manage the money supply.
Key Facts
- The US held over $11 billion in gold reserves as of 2022.
- Gold reserves have declined from a peak of over $40 billion in the 1940s.
- The Federal Reserve is required by law to hold gold backing for a portion of its liabilities.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of gold bullion and coin held by the Federal Reserve Banks in the United States.
Q: Why is this trend relevant for users or analysts?
A: The level of gold reserves held by the central bank is an important indicator of the country's monetary and financial strength, as well as the Fed's ability to support the US dollar.
Q: How is this data collected or calculated?
A: The data is collected directly from Federal Reserve balance sheet reports.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor gold reserves to gauge the Fed's capacity to conduct open market operations and manage the money supply.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve with minimal delays.
Related Trends
Bank and Currency Notes in Circulation, Bank of England for Great Britain
M14082GBM440NNBR
Borrowings at Federal Reserve Banks, Member Banks Outside New York City for United States
M1421BUSM144NNBR
Bank Deposits, National Banks, Central Reserve Cities for United States
M14030USM144NNBR
United States Government Deposits at All Commercial and Savings Banks for United States
M14170USM144SNBR
Bank Deposits, National Banks for New York, NY
M14031US35620M144NNBR
Demand Deposits, Individual, Corporations, and Others, Weekly Reporting Member Banks for New York, NY
M1432BUS35620M027NNBR
Citation
U.S. Federal Reserve, Total Gold Reserves of Federal Reserve Banks for United States (M14062USM027NNBR), retrieved from FRED.