Rare look inside Bank of England’s gold vaults – BBC News

BBC News took a look around the Bank of England’s gold vaults, which contain stacks of gold bars which are valued at £194bn.

Victoria Cleland, the Executive Director of the Bank of England tells how the reserve is “a store of value” that is “durable” and “doesn’t change value … much”.

Andrew Grice, Senior Manage of Banking Operations for the Bank, explains the various shapes and styles of gold bars, from different countries.

The Bank of England’s gold vaults hold £194bn worth of gold bars.

If you stacked them all on top of each other, they would be the same height as 46 Eiffel Towers.

They hardly ever let anyone in to film, but the BBC’s Frank Gardner has been given access to the Bank of England’s gold vault.

Filmed and edited by James Wignall and Erica Brown

BBC News

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