President Donald Trump expressed his intention to investigate Fort Knox in Kentucky following calls from Elon Musk to audit the gold reserves at the military base. Musk has fueled speculation about missing gold at Fort Knox, despite reassurances from Treasury Secretary Scott Bessent that all the gold is present and accounted for, with annual audits conducted by the U.S. Treasury Department.
Fort Knox is a renowned military installation known for holding over 147 million ounces of the U.S.’ gold reserves, as well as historic artifacts and documents. The base spans tens of thousands of acres and houses soldiers, contractors, civilian employees, and family members. The U.S. Mint confirms that Fort Knox holds more gold than any other base in the country.
While there is no evidence to suggest that gold is missing from Fort Knox, access to the base is tightly restricted to authorized personnel. The last reported audit at the reserve was in 1974, with newspapers and a congressional delegation present to confirm the integrity of the gold supply. The most recent tour of the base occurred in 2017 during the Trump administration, marking the first visit by non-authorized personnel in over four decades.
Overall, concerns regarding missing gold at Fort Knox remain unfounded, with regular audits and security measures in place to protect the precious reserves stored at the base. President Trump’s promise to investigate reflects ongoing speculation surrounding the security and authenticity of the U.S.’ gold reserves.
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