Elon Musk and GOP Lawmakers Push for Audit of Fort Knox Gold Reserves

The call for transparency follows decades of limited access and unverified claims about the U.S. gold reserve's status.

Elon Musk, head of the Department of Government Efficiency (DOGE), has questioned the lack of regular audits for the gold reserves at Fort Knox, sparking renewed interest in their status.
Senators Rand Paul and Mike Lee have joined Musk in advocating for an inspection, pointing to the absence of comprehensive audits since 1974.
Fort Knox, located in Kentucky, houses approximately 147.3 million troy ounces of gold, valued at around $425 billion based on current market prices.
The U.S. Treasury asserts the gold is secure, but restricted access to the facility has fueled conspiracy theories about potential discrepancies or theft.
The proposed audit could provide transparency and address public skepticism, though officials have yet to confirm whether such an inspection will take place.