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Latest United States Bullion Depository Stories

2008-09-15 21:00:21

The Associated Press invites news-related questions and answers them periodically in this Ask AP feature. This week's questions concern the nation's gold reserves and outsourcing. Q: How much gold is stored at Fort Knox? And is it all the property of the American public? - Jeff Kimball, Salt Lake City A: The vaults hold 147.3 million ounces of gold, all of which is owned by the United States. The gold, valued at more than $100 billion, is stored at the United States Bullion Depository...


Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.