Trump says he wants to check whether the gold in Fort Knox is still there because ‘they steal a lot’
The Independent • • business
Key Points:
- Former President Donald Trump reiterated his intention to visit Fort Knox to personally verify the presence of the U.S. gold reserves, citing concerns that gold might have been stolen.
- Trump first announced plans for a presidential audit of Fort Knox in February 2025, aligning with efforts by Elon Musk and some GOP lawmakers who have expressed doubts about the security of the nation's gold.
- Fort Knox, a highly secure military installation near Louisville, Kentucky, houses a significant portion of the U.S. gold reserves, currently totaling over 147 million troy ounces, and is audited annually.
- Despite Trump's allegations, Treasury Secretary Scott Bessent confirmed in 2025 that Fort Knox undergoes yearly audits and that all gold reserves are accounted for.
- There are no confirmed plans or responses from Fort Knox or the White House regarding an immediate visit by Trump to inspect the gold vaults.