# US Fort Knox gold stockpile status > Live situation record from CLSTR: https://clstr.news/situations/us-fort-knox-gold-stockpile-status > Updated: 2026-08-17T20:40:00.000Z. Sources: 19. Developments: 5. In mid‑July 2026, Treasury Secretary Scott Bessent told reporters that the Fort Knox bullion vault still holds the full 147,341,858.382 fine troy ounces of gold recorded in the Treasury’s ledger, a quantity valued at over $1 trillion. The figure comes from a live federal data series, and while Bessent has not entered the vault himself, staff and the U.S. Treasurer have inspected it; the vault remains closed to the public aside from limited audits. A week later, Bessent visited Fort Knox and reiterated that the gold stockpile is intact. He added that, since the United States left the gold standard in 1971, the metal no longer backs the dollar and serves only a symbolic role in monetary policy. The remarks followed former President Donald Trump’s call for an audit of the reserves, sparking public debate over the gold holdings. On 22 July, Bessent again confirmed that the vault contains roughly 147.3 million ounces—worth more than $600 billion and over $1 trillion at current market prices—and stressed that the gold now has a purely symbolic function, with the dollar’s value based on confidence in the U.S. economy. On 25 July, speaking to Fox News, Bessent said the gold is “present and accounted for,” citing staff checks of vault‑compartment seal logs, even though he had not personally entered the vault. Critics pointed out that the last comprehensive, independent audit dates to the 1970s and renewed calls for a full review. After his comments, gold and silver prices steadied as investors weighed the statements against broader market concerns. On 11 August, Senator Rand Paul visited the facility to inspect the supply, echoing calls for a full audit. Paul noted that the last comprehensive overviews occurred in 1953 and a partial one in 1974. He asserted that the U.S. ## Claims - The United States holds approximately 147 million ounces of gold. (corroborated by 3 sources) - Approximately half of the nation's gold supply is stored at Fort Knox. (corroborated by 3 sources) - The U.S. dollar has lost roughly 85% of its value since being severed from the gold standard in 1971. (corroborated by 3 sources) - Prices have increased by 25% over the last five years. (corroborated by 2 sources) - Senator Rand Paul is seeking a full audit of the Fort Knox facility. (corroborated by 2 sources) - The dollar has lost 97% of its purchasing power since the Federal Reserve was established in 1913. (single source) ## Timeline ### 2026-08-17: Rand Paul inspects Fort Knox gold reserves Senator Rand Paul inspected the Fort Knox gold vaults, providing the first outside verification of the U.S. gold stockpile in decades and confirming the presence of approximately 147 million ounces of gold. 2 sources. https://clstr.news/cluster/rand-paul-inspects-fort-knox-gold-reserves ### 2026-08-11: Senator Rand Paul inspects Fort Knox gold supply Senator Rand Paul inspected the gold supply at Fort Knox, calling for a full audit and criticizing the devaluation of the U.S. dollar since the end of the gold standard in 1971. 9 sources. https://clstr.news/cluster/senator-rand-paul-inspects-fort-knox-gold-supply ### 2026-07-25: Treasury Secretary Bessent says Fort Knox gold is present and accounted for Treasury Secretary Scott Bessent says Fort Knox gold is present and accounted for, despite no full independent audit since the 1970s; gold prices steadied following his remarks. 2 sources. https://clstr.news/cluster/treasury-secretary-bessent-says-fort-knox-gold-is-present-and-accounted-for ### 2026-07-22: US Treasury says Fort Knox gold intact, no longer backs dollar US Treasury Secretary Scott Bessent confirmed all gold at Fort Knox remains intact, valued above $1 trillion, and said the metal no longer underpins the dollar's value. 5 sources. https://clstr.news/cluster/us-treasury-says-fort-knox-gold-intact-no-longer-backs-dollar ### 2026-07-16: US Treasury Secretary Confirms Fort Knox Gold Stockpile Remains Intact Treasury Secretary Scott Bessent confirmed Fort Knox holds 147,341,858.382 ounces of gold, fully accounted for, valuing U.S. government gold at over $1 trillion. 3 sources. https://clstr.news/cluster/us-treasury-secretary-confirms-fort-knox-gold-stockpile-remains-intact --- Cite as: US Fort Knox gold stockpile status. CLSTR, https://clstr.news/situations/us-fort-knox-gold-stockpile-status