President Donald Trump rekindled the Fort Knox audit debate throughout a Might 10 interview with investigative journalist Sharyl Attkisson. He stated he nonetheless desires to confirm whether or not America’s gold reserves stay contained in the vault.
The remarks reignited a transparency query first raised by Trump and Elon Musk in February 2025.
Why the Fort Knox Audit Query Returns
When Attkisson requested what occurred to the audit, Trump stated he needed to “knock on the door of Fort Knox.” He added that the aim was to verify whether or not the reserves stay intact.
“I do need to go to Fort Knox someday. I need to see if the gold is there, which I’m certain it will likely be,” Trump said.
The USA Bullion Depository in Kentucky holds roughly 147 million ounces of gold. Treasury figures place that stash close to 59% of whole US official holdings.
At present gold (XAU) costs, the bars are price a number of hundred billion {dollars}.
Treasury Secretary Scott Bessent said in February 2025 that annual inner verifications verify each bar is accounted for.
Nonetheless, the final public audit involving exterior observers occurred in 1974, a niche that has fueled a long time of hypothesis.
What Comes Subsequent
Trump didn’t announce a brand new inspection, formal audit, or go to timeline. The Division of Authorities Effectivity (DOGE), which initially floated the concept, has gone quiet.
A associated invoice from Consultant Thomas Massie additionally stays stalled in committee.
“I simply launched HR 3795, the Gold Reserve Transparency Act of 2025, to audit U.S. gold reserves. In February, President Trump stated he needed to go to Fort Knox to “ensure the gold is there.” This invoice offers the complete disclosure President Trump seeks,” Massie said.
Renewed consideration from the president might nudge gold and safe-haven markets, though no measurable worth response adopted the interview.
The rhetoric changing into a bodily inspection might form the following chapter of certainly one of America’s longest-running financial mysteries.
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