Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Goonch

(4,435 posts)
2. ;-{)
Thu Feb 5, 2026, 05:04 PM
Feb 5

"As of February 5, 2026, the
United States Bullion Depository
at Fort Knox contains approximately 147.3 million fine troy ounces (roughly 4,580 metric tons) of gold.
Based on the current live market price of approximately $4,784.80 per ounce, this gold is worth about $704.8 billion.

Key Facts and Sources:

Reliable Source: The official data for these holdings is maintained by the U.S. Mint, which is a bureau of the Department of the Treasury.
Book Value: While the market value is in the hundreds of billions, the government officially lists the gold's "book value" at a constant statutory price of $42.22 per ounce, a rate set by law in 1973.
Holdings Capacity: This stockpile represents about half of the total gold reserves held by the U.S. Treasury; the remainder is stored at the Denver and West Point Mints and the San Francisco Assay Office.
Security: The facility is a massive fortress constructed of 16,000 cubic feet of granite and 4,200 cubic yards of concrete, guarded by the U.S. Mint Police and the surrounding Fort Knox Army post."

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»General Discussion»Remember when there was G...»Reply #2