President orders comprehensive audit of Fort Knox gold reserves valued at 667 billion dollars

May 30, 2026, 10:39:13 PM UTC(3 days ago)

Impact: High

Affected Assets

The executive order marks the first full physical inspection of the United States bullion depository since the Eisenhower administration in the 1950s
Market analysts report a slight increase in gold volatility as investors weigh the potential impact of the audit on global currency stability
Treasury officials confirmed the process will involve independent third party verifiers to ensure transparency and public trust in the national reserves
Economic experts suggest the move aims to verify the exact purity and weight of the 147 million ounces of gold held at the Kentucky facility

JUST IN: 🇺🇸 President says it's "time to audit" Fort Knox's $667 billion gold reserves. https://t.co/DGg5hEM1te