Resources and Assets: Gold and Gold Certificates: Total Gold Held by Federal Reserve Banks

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

Latest Value

974.79

Year-over-Year Change

6.88%

Date Range

12/4/1914 - 1/24/1934

Summary

This economic indicator tracks the total quantity of gold held by Federal Reserve Banks, providing insight into the nation's monetary reserves. The metric is crucial for understanding the gold backing of U.S. currency and potential financial stability.

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 trend represents the aggregate gold reserves maintained by the Federal Reserve system, reflecting a historical monetary asset with strategic economic significance. Economists analyze this metric as part of broader assessments of national financial infrastructure and potential monetary policy implications.

Methodology

Data is collected through direct accounting and reporting by Federal Reserve Banks, tracking physical gold certificates and bullion holdings.

Historical Context

This indicator is used in macroeconomic analysis to assess potential monetary buffer capacity and long-term financial resilience.

Key Facts

  • Gold reserves represent a strategic financial asset for the United States
  • The quantity can fluctuate based on economic and geopolitical conditions
  • Gold holdings are part of the broader monetary policy toolkit

FAQs

Q: Why do Federal Reserve Banks hold gold?

A: Gold serves as a historical monetary standard and provides financial stability and backup for currency valuation.

Q: How often is gold reserve data updated?

A: The Federal Reserve typically updates gold reserve data quarterly, ensuring accurate and current financial reporting.

Q: Does gold quantity directly impact currency value?

A: While not directly determining currency value today, gold reserves contribute to overall economic confidence and monetary credibility.

Q: Can the public access gold reserve information?

A: Yes, gold reserve data is publicly available through Federal Reserve economic databases and reporting mechanisms.

Q: What factors might influence gold reserve levels?

A: International economic conditions, monetary policy shifts, and strategic financial planning can impact gold reserve quantities.

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Citation

U.S. Federal Reserve, Resources and Assets: Gold and Gold Certificates: Total Gold Held by Federal Reserve Banks [RAGGCTGFR], retrieved from FRED.

Last Checked: 8/1/2025