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US Fort Knox gold stockpile status

Updated 2 times since CLSTR started tracking revisions of this situation.

What changed

2026-08-11 23:41 UTC → 2026-08-17 22:49 UTC · added removed

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.

Versions

  1. 2026-08-17 22:49 UTC US Fort Knox gold stockpile status
  2. 2026-08-11 23:41 UTC US Fort Knox gold stockpile status
  3. 2026-07-26 09:25 UTC US Fort Knox gold stockpile status

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