JUST IN: Treasury Secretary Scott Bessent says all gold at Fort Knox is present and accounted for, with U.S. gold reserves now worth over $1 Trillion.

What happened

JUST IN: Treasury Secretary Scott Bessent says all gold at Fort Knox is present and accounted for, with U.S. gold reserves now worth over $1 Trillion.

Confirmed

Global impact / market context

The confirmation that all gold at Fort Knox is present reassures investors that the U.S. government’s largest reserve is intact, supporting confidence in the country’s fiscal stability and the value of gold‑backed assets.

Confirmed

Gold prices have recently been volatile due to inflation concerns and geopolitical tensions. A verified, $1 trillion reserve underscores the metal’s role as a safe‑haven and may influence demand and pricing trends.

Confirmed

What to watch

1. Any official audit or reporting updates from the Treasury that detail the condition or location of the Fort Knox holdings – could affect perceived security of the reserve. Proposed
2. Changes in U.S. monetary policy or fiscal deficits that might prompt the Treasury to consider selling or leasing gold, influencing market supply and prices. Analyst inference
3. Investor flows into gold ETFs or physical bullion following the announcement, as market participants adjust positions based on renewed confidence in the reserve’s integrity. Analyst inference

Evidence

• x.com