US Gold Reserves Exceeds $1 Trillion in Market Value
Gold | 2025-10-01 00:07:59
The rally, fueled by trade tensions, geopolitical risks, and Fed rate cuts, has sparked discussions on revaluing reserves to unlock nearly $990 billion for the federal budget deficit.
By Paul Ploumis
SEATTLE (Scrap Monster): The United States’ gold reserves have officially crossed the $1 trillion mark in market value for the first time, propelled by a 45% surge in gold prices this year to a record $3,824.50 per ounce as of September 29, 2025.
This milestone—more than 90 times the official book value of $11 billion—highlights the Treasury’s 8,133 tonnes of bullion (261.5 million ounces) stored primarily at Fort Knox and other vaults, making it the world’s largest official gold holding.
The rally, fueled by trade tensions, geopolitical risks, and Fed rate cuts, has sparked discussions on revaluing reserves to unlock nearly $990 billion for the federal budget deficit.
Courtesy: www.wionews.com
