🏦 World’s Second-Largest Gold Vault Hidden Beneath London
The Bank of England operates one of the world’s largest underground gold vaults beneath London, storing thousands of tons of gold for central banks and financial institutions worldwide.
Key Facts:
• The vault holds over 400,000 gold bars, weighing roughly 5,000+ tonnes in total.
• Each gold bar weighs about 12.4 kg (400 troy ounces).
• The vault is located deep beneath Threadneedle Street, protected by heavy security and restricted access.
• The largest gold vault in the world is managed by the Federal Reserve Bank of New York, making London’s facility the second-largest globally.
Insight:
Massive gold reserves stored in global vaults highlight gold’s continued role as a strategic financial asset and safe-haven reserve for governments and central banks.
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