Assets: Other: Gold Certificate Account: Wednesday Level
WGCAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,037.00
Year-over-Year Change
0.00%
Date Range
6/14/2006 - 8/6/2025
Summary
The Gold Certificate Account represents a specific asset held by the Federal Reserve related to gold reserves. This metric provides insight into the U.S. government's gold holdings and monetary policy infrastructure.
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 economic indicator tracks the Wednesday-level balance of gold certificates held by the Federal Reserve as a financial asset. Economists use this data to understand the Federal Reserve's gold-related financial instruments and monetary asset composition.
Methodology
The data is collected weekly by the Federal Reserve and represents the current valuation of gold certificates at a specific point in time.
Historical Context
This trend is used in macroeconomic analysis to assess the Federal Reserve's balance sheet composition and potential monetary policy implications.
Key Facts
- Gold certificates represent a specific type of financial asset held by the Federal Reserve
- The data is collected and reported on a weekly basis
- These certificates are distinct from physical gold holdings
FAQs
Q: What are gold certificates?
A: Gold certificates are financial documents that represent a claim on a specific amount of gold held by the Federal Reserve. They are an accounting mechanism for tracking gold-related assets.
Q: How often is this data updated?
A: The Gold Certificate Account data is updated weekly, specifically on Wednesday levels, providing a consistent snapshot of the Federal Reserve's gold-related assets.
Q: Why does the Federal Reserve hold gold certificates?
A: Gold certificates are part of the Federal Reserve's historical monetary policy infrastructure and represent a legacy of the gold standard era. They remain an important component of the Fed's balance sheet.
Q: Do gold certificates directly represent physical gold?
A: Gold certificates are financial instruments that represent a claim on gold, but they are not the same as physically holding gold. They are an accounting mechanism for tracking gold-related assets.
Q: How do gold certificates impact monetary policy?
A: While gold certificates are a small part of the Federal Reserve's assets, they provide historical context and insight into the monetary system's evolution. They do not directly influence current monetary policy decisions.
Related News
U.S. Treasury Yields Increase Amid Strong Economic Growth and Inflation Concerns
Treasury Yields Surge Amid Economic Growth and Inflation Concerns Treasury yields are surging as investors closely monitor the evolving U.S. econom...
U.S. Stock Futures Stagnant Despite Positive Jobless Claims and GDP
Why US Stock Futures Remain Stagnant Despite Positive Economic Indicators The current investment landscape is puzzling for many as US stock futures...
U.S. Trade Deficit Decreases As Businesses Anticipate Tariff Hikes
U.S. Trade Deficit Reaches Two-Year Low Amid Anticipated Tariff Hikes The recent announcement that the U.S. trade deficit has reached a two-year lo...
U.S. Stock Indices Rebound After Tech Stocks' Recent Decline
US Stock Indices Rebound: Understanding the Market Recovery The recent surge in the US stock market marks a significant upturn, with key indices su...
US Treasury Yields Increase Before Key Economic Data Release
How Treasury Yields Signal Market Expectations Ahead of Crucial Economic Data Release Treasury yields, often referred to as a barometer for the U.S...
U.S. GDP Growth to Slow Due to Tariffs and Immigration Policies
How Tariffs and Immigration Policies Influence U.S. GDP Growth in 2025 The U.S. GDP is a fundamental gauge of the country's economic health. Recent...
Related Trends
Liabilities and Capital: Liabilities: Deposits: Other: Week Average
WOTHLB
Capital Accounts: Surplus: Total Surplus
CASTOTS
Memorandum Items: Securities Lent to Dealers: Overnight Facility, U.S. Treasury Securities: Week Average
WSDTREAA
Collateralization of Currency: Holdings Against Federal Reserve Notes: Collateral Held Against Federal Reserve Notes: Special Drawing Rights Certificate Account: Wednesday Level
RESPPNSNWW
Liabilities and Capital: Other Factors Draining Reserve Balances: Other Liabilities and Capital: Change in Week Average from Year Ago Week Average
RESH4AOXAWXCH52NWW
Assets: Liquidity and Credit Facilities: Loans: Other Credit Extensions: Wednesday Level
WLCFOCEL
Citation
U.S. Federal Reserve, Assets: Other: Gold Certificate Account: Wednesday Level [WGCAL], retrieved from FRED.
Last Checked: 8/1/2025