Did Word Trade building at 9/11 use to keep gold reserved?
I believe you are asking whether the gold reserves held at the World Trade Center on September 11, 2001, were saved from the terrorist attacks.
To answer your question, the Federal Reserve Bank of New York maintained a vault in the basement of the World Trade Center, which held approximately 540,000 gold bars belonging to various foreign governments and central banks. However, these gold reserves were not stored in the World Trade Center’s towers but in a separate underground vault beneath 4 World Trade Center, which was not directly impacted by the planes’ crashes.
The Federal Reserve Bank of New York confirmed that all of the gold bars held in its vault beneath the World Trade Center were successfully recovered and relocated to another location after the attacks. Therefore, the gold reserves were not lost in the attacks on the World Trade Center on September 11, 2001.
if gold bars were lost in those attacks, what the Federal Reserve Bank have to do?
If gold bars were lost in the 9/11 attacks on the World Trade Center, the Federal Reserve Bank of New York would have had to take appropriate measures to address the situation. These measures would depend on the circumstances surrounding the loss of the gold and the terms of any agreements with the foreign governments and central banks that owned the gold.
If the loss of the gold was due to a breach of security or negligence, the Federal Reserve Bank of New York might have been required to reimburse the owners of the gold for its value. If the loss of the gold was due to an act of terrorism or other unforeseeable event, the Federal Reserve Bank of New York might not have been liable for the loss.
In any case, the Federal Reserve Bank of New York would have been responsible for ensuring that all appropriate legal and financial procedures were followed to address the loss of the gold and to mitigate any potential damage to its reputation as a custodian of valuable assets.