Silver-Gold-Prices.com News and Information about Investing in Gold & Silver Bullion Coins and Precious Metals

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US Gold Depository at Fort Knox The nations of the world use gold as a medium of exchange in monetary transactions. A large proportion of American gold stocks is stored in the vault of the Fort Knox Bullion Depository. Fort Knox located 30 miles southwest of Louisville, Kentucky and it is supervised by the Director of the Mint. Gold in the Bullion Depository consists of bars about the size of ordinary clay bricks (7 x 3 5/8 x 1 3/4 inches) that weigh about 27.5 pounds each (about four hundred troy ounces; one troy ounce being nearly equivalent to one and one tenth avoirdupois ounces.) They are stored without wrappings in Fort Knox's vault compartments. Disclaimer: While Silver-Gold-Prices.com seeks to provide accurate information, it is provided without warranty or claim of reliability. Site visitors must agree that errors or omissions shall not be made the basis for any claim, demand or cause for action. The information has been obtained from sources believed to be reliable, but we do not guarantee its accuracy. We offer information and links for informational purposes only and do not make recommendations regarding the purchase of gold bullion or other precious metals from any particular business or government entity. This site contains information and news from third party business and government web sites as well as links to advertisers. We make no claim of reliablity or accuracy in regard to these web sites.