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The University of Texas Investment Management Company (UTIMCO) has gold bullion stored in New York, worth $647 million. [20] According to Lois Kolkhorst, HSBC Bank in New York City charges Texas a fee to store each individual bar of gold. [21] HB 483 does not require UTIMCO to move the $647 million in precious metals back to Texas.
Today [when?] it is known to hold ten 1933 Double Eagle gold coins, a 1974-D aluminum cent, and twelve gold (22-karat) Sacagawea dollar coins that flew on the Space Shuttle Columbia, specifically STS-93 in 1999. The depository is a secure facility. Between its fenced perimeter and granite-lined concrete structure lie rings of razor wire.
Gold prices (US$ per troy ounce), in nominal US$ and inflation adjusted US$ from 1914 onward. Price of gold 1915–2022 Gold price history in 1960–2014 Gold price per gram between Jan 1971 and Jan 2012. The graph shows nominal price in US dollars, the price in 1971 and 2011 US dollars.
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