The Bank of England’s underground vaults are home to over £1bn of gold
from The Sun, UK
SECRET vaults in London house one fifth of all the gold on the planet, with a staggering £172 billion worth of bullion tucked away under the capital’s streets.
Vaults under the Bank of England on Threadneedle Street are said to hold 5,134 tonnes of gold, making up the majority of the 6,256 tonne total kept safe underground in London.
Bars of gold bullion are popular with investors because gold will, in theory, always retain its value – no matter how volatile the world economy is.
And there is an enormous stash of bullion lurking in our capital because the London Good Delivery is based there.