US Gold Reserves Surpass $1 Trillion Amid Record Rally
The US Treasury's gold reserves have surpassed $1 trillion in value due to record-high gold prices, driven by global economic uncertainties and investor demand, although the official accounting value remains much lower. The potential revaluation of reserves could significantly boost the Treasury's funds, but such a move would have broad financial implications. Most gold is stored at Fort Knox, with some conspiracy theories questioning its presence there.
