In the past hours, a state of "panic" has spread due to a circulated image from the U.S. Federal Reserve, showing that the official price of gold in the United States is only $42.22 per ounce, while it is traded in global markets at a level close to $4800 per ounce.

This has sparked widespread debate on social media platforms, amid questions from investors: Is the gold bought at high prices just an "illusion"? Is its value heading towards collapse?

At Fifreedomtoday, we ensure you understand the "game" with numbers, and here are the facts in three points:

👈First: this is a "book price" not a selling price

The figure of $42 is a fixed price established by an old law dating back to 1973, and it is used by the U.S. government solely for internal accounting purposes between official entities, and it has no relation to the actual price of gold on exchanges or global markets.

This can be likened to recording a piece of land purchased 50 years ago at its old price in the books, even though its current market value is estimated in millions.

👈Second: gold is gold

According to the U.S. Federal Reserve, this price is fixed and is not affected by fluctuations in the global market. The difference is clearly demonstrated by the following numbers:

*The United States has the largest gold reserve in the world, exceeding 8000 tons.

*In old government records: its value is estimated at about $11 billion.

*In the actual market today: its value exceeds $1.23 trillion.

This confirms that the true value of gold is determined by supply and demand in the global market, not a number recorded in government documents.

👈Third: the "debt repayment" trick

The spread of the news about pricing gold at $42 per ounce has led to the theory that the United States suddenly raised the price of gold to pay off its debts and deceive the world, but this claim is incorrect.

The U.S. debt exceeds $38 trillion, which means that even if it sold all its gold reserves at the current price, it would only cover about 3% of the total debt, thus gold alone cannot constitute

A solution to the U.S. debt crisis.