Trump Revives Fort Knox Audit Push, Wants to Knock on the Vault Door
President Donald Trump rekindled the Fort Knox audit debate throughout a May 10 interview with investigative journalist Sharyl Attkisson. He stated he nonetheless needs to confirm whether or not America’s gold reserves stay inside the vault.
The remarks reignited a transparency query first raised by Trump and Elon Musk in February 2025.
Why the Fort Knox Audit Question 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 would like to see if the gold is there, which I’m certain will probably be,” Trump stated.
The United States 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 current gold (XAU) prices, the bars are value a number of hundred billion {dollars}.
Treasury Secretary Scott Bessent said in February 2025 that annual inside verifications verify each bar is accounted for.
However, the final public audit involving outdoors observers occurred in 1974, a spot that has fueled many years of hypothesis.
What Comes Next
Trump didn’t announce a brand new inspection, formal audit, or go to timeline. The Department of Government Efficiency (DOGE), which initially floated the concept, has gone quiet.
A associated bill from Representative 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 “make certain the gold is there.” This invoice supplies the full disclosure President Trump seeks,” Massie stated.
Renewed consideration from the president may nudge gold and safe-haven markets, though no measurable worth response adopted the interview.
The rhetoric turning into a bodily inspection may form the subsequent chapter of one in every of America’s longest-running financial mysteries.
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