Donald Trump Wants to Open Fort Knox to Personally Ensure the U.S.' Gold Reserve, Worth Nearly $700 Billion, Is Still There
Yahoo News UK • • business
Key Points:
- President Donald Trump has reiterated his interest in auditing Fort Knox to verify the presence and security of the U.S. gold reserves, valued at nearly $700 billion.
- Trump expressed skepticism about whether the gold is still in Fort Knox, suggesting the possibility of theft but did not specify any suspects.
- Elon Musk previously questioned the authenticity of the gold at Fort Knox, calling for a live tour to confirm its existence.
- The U.S. Mint states that Fort Knox holds 147.3 million ounces of gold, with no significant transfers for decades, aside from small samples taken for purity testing during regular audits.
- Trump’s comments follow his earlier statements in 2025 about investigating potential fraud and opening Fort Knox to public scrutiny.