Golden Ten Data on February 20, U.S. Treasury Secretary Basant said when talking about the revaluation of gold reserves, “When it comes to sovereign wealth funds, I said that ‘monetizing the balance sheet’ is definitely not what I want.” Pressed if he would discuss the issue, he repeated, “That’s not what I want.” "Gold reserves are currently trading at $42.22 per ounce, which was the traditional official price decades ago. A re-evaluation of the value of these assets based on current market prices could raise the calculation from $11 billion to about $750 billion. He said there were no plans to visit Fort Knox, Tennessee, where most of the U.S. gold reserves are located, but he assured that “all the gold is there” and that any senator is welcome to visit.
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