politics
President Trump Plans Audit of Fort Knox Gold Reserve
President Trump intends to conduct an audit of the United States Bullion Depository at Fort Knox to verify its gold holdings. The audit aims to confirm that the reported $700 billion gold reserve remains intact. The plan was reported on May 11, 2026.
May 11, 10:40 AM·1m read1 source
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President Trump still plans to audit Fort Knox to confirm its $700 billion gold reserve has not been stolen, according to a report on May 11, 2026. The planned audit would involve a physical inspection and accounting of the stored gold bars to verify both their existence and quantity.
No timeline for the audit has been specified in the report. Officials have not released additional details on the scope or methodology of the planned review. Fort Knox has long served as the primary storage facility for much of the U.S.
gold reserve. The depository's contents have been the subject of occasional public speculation regarding their exact status, though no official findings of discrepancies have been announced in recent decades. The current gold reserve valuation stands at approximately $700 billion based on prevailing market prices.
An audit, if carried out, would represent a formal verification process for these holdings.
