The Vault
The Bank of England is custodian to the official gold reserves of the United Kingdom and many other countries. The vault, which is situated beneath the City of London, covers a floor space greater than that of the second-tallest building in the City, Tower 42, and needs keys that are three feet long to open. The Bank of England is the fifteenth largest custodian of gold reserves, holding around 4600 tonnes. These gold deposits were estimated in February 2012, to have a current market value of £156,000,000,000.
Read more about this topic: Bank Of England
Famous quotes containing the word vault:
“Heaven froze above, severe; the clouds congeal,
And through the crystal vault appeared the standing hail.”
—Geoffrey Chaucer (1340?1400)
“I dreamed, last night, that I could vault over any height it pleased me. That was something; and I contemplated myself with a slight satisfaction in the morning for it.”
—Henry David Thoreau (18171862)