Overview
- Trump, in a Sunday Full Measure interview, said he still wants to go to Fort Knox to see if the gold is there and added that “they steal a lot.”
- He gave no timeline and offered no evidence of missing metal, and access to the bullion vault remains tightly restricted.
- Treasury Secretary Scott Bessent says the reserves are audited every year, citing a Sept. 30, 2024 report that found all the gold present and inviting senators to arrange visits through his office.
- The U.S. Mint lists 147.3 million fine troy ounces at Fort Knox, carried at $42.22 per ounce on federal books but worth about $700 billion at market prices near $4,700.
- Elon Musk amplified doubts in February 2025 and some Republicans sought reviews, though public looks inside have been rare, with a 1974 media tour and a 2017 Treasury visit.