How much is all the tungsten in Fort Knox worth?

Fort Knox currently holds approximately 147.3 million ounces of gold bullion, which equates to about 4,583 metric tons.

Gold-dipped tungsten bullion implies that the gold is only a thin coating over a tungsten core, significantly reducing the actual gold content. If we consider this scenario, the value would depend on how much actual gold is present in the coating:

Tungsten: Tungsten is much less valuable than gold, typically costing around a few dollars per pound. For the sake of this calculation, let's assume the tungsten value is negligible compared to gold.

Gold Coating: The exact amount of gold in a gold-dipped tungsten bar can vary greatly. However, for an illustrative calculation, let's assume each ounce of tungsten is coated with 0.01 ounces of gold (this is speculative since real-world thickness could vary significantly).

If we apply this to 147.3 million ounces of tungsten:

Gold content: 147,300,000 ounces * 0.01 = 1,473,000 ounces of gold.

Using the current price of gold at approximately $2,893.70 per ounce:

Value of gold: 1,473,000 ounces * $2,893.70 = $4,264,901,100

Therefore, if each of the 147.3 million ounces of tungsten were coated with just 0.01 ounces of gold, the total dollar value of the gold part would be approximately $4.26 billion. The tungsten itself would add very little to this value, so this figure largely represents the gold component. Remember, this is a very hypothetical scenario, and actual values would depend on the real thickness of the gold coating.