Bank of England Holds 4700 Tons of Gold

Stumbled on the value of gold the BOE holds on custodial basis from a link in a Golden Sextant article.

Unfortunately, the annual reports only list gold value from 2005 onwards (note that BOE financial year end is 28 Feb):

Year, GBP value, ounces (based on GBP london PM fix on 28 feb)

2005, 25b, 110,368,454

2006, 35b, 110,035,903

2007, 43b, 126,857,129

2008, 72b, 147,283,237

2009, 102b, 152,282,217

Interesting that it was stable from 05 to 06, then starts increasing. 152 million oz = approx 4,700t, or 3% of all gold ever produced (160,000t). Hard to read anything into it as the holdings include other central bank holdings as well as other bullion bank and institutional holdings, but it is another indicator of increasing interest in gold.