US Gold Reserves Break $1 Trillion as Prices Hit Record Highs
America’s century-old gold hoard crosses the trillion-dollar threshold, reigniting debates over revaluation, deficits, and the future of safe-haven assets.

The United States has officially crossed a threshold few thought possible. Its vast hoard of gold reserves has surged past the $1 trillion mark in value, thanks to an unprecedented rally that has seen bullion prices rocket 45 percent this year. Gold now trades at more than $3,824 an ounce, shattering record after record, as investors around the globe pile into the yellow metal seeking shelter from uncertainty. This moment does not just represent a market milestone—it underlines gold’s enduring role as the ultimate hedge in times of economic stress.
On paper, the US government’s balance sheet still values its gold stash at a paltry $42.22 per ounce, the price Congress fixed back in 1973. That outdated metric pegs the official value of the nation’s 261.5 million ounces at just over $11 billion. In reality, the market says it is worth more than ninety times that figure. The discrepancy highlights how government accounting rules clash with market dynamics, leaving an untapped mountain of wealth locked in vaults beneath Fort Knox, West Point, Denver, and Manhattan.
