Resources and Assets: Gold and Gold Certificates: Gold Redemption Fund with U.S. Treasurer; Treasury

RAGGCGRF • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,937.00

Year-over-Year Change

0.47%

Date Range

1/19/1949 - 3/13/1968

Summary

This economic trend tracks the Gold Redemption Fund managed by the U.S. Treasurer, representing a critical historical mechanism for gold certificate management. The data provides insights into the U.S. government's gold asset holdings and monetary policy mechanisms.

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

The Gold Redemption Fund represents a specialized financial instrument related to gold certificates held by the U.S. Treasury. Economists analyze this trend to understand historical monetary policy, gold reserve management, and the evolution of U.S. currency systems.

Methodology

Data is collected and reported by the U.S. Treasury through official financial reporting and accounting records.

Historical Context

This trend is used in macroeconomic analysis to understand historical monetary policy, gold reserve management, and the transition of U.S. currency systems.

Key Facts

  • Represents historical gold certificate management by U.S. Treasury
  • Provides insights into government gold asset tracking
  • Part of broader monetary policy documentation

FAQs

Q: What is the Gold Redemption Fund?

A: The Gold Redemption Fund is a specialized Treasury account tracking gold certificates and related monetary assets. It represents a historical mechanism for managing U.S. gold reserves.

Q: Why are gold certificates important?

A: Gold certificates were once a critical component of the U.S. monetary system, representing a direct claim on gold reserves. They played a significant role in monetary policy before the abandonment of the gold standard.

Q: How is the RAGGCGRF data collected?

A: The data is collected through official U.S. Treasury financial reporting and accounting records, tracking the gold redemption fund's status and composition.

Q: What does this trend tell economists?

A: This trend provides insights into historical monetary policy, gold reserve management, and the evolution of U.S. currency systems over time.

Q: How often is this data updated?

A: The data is typically updated periodically by the U.S. Treasury, with frequency depending on specific reporting requirements and financial accounting cycles.

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Citation

U.S. Federal Reserve, Resources and Assets: Gold and Gold Certificates: Gold Redemption Fund with U.S. Treasurer; Treasury [RAGGCGRF], retrieved from FRED.

Last Checked: 8/1/2025