
Donald Trump and Elon Musk raised the idea of auditing or inspecting the U.S. gold reserves at Fort Knox earlier this year, around February 2025. Trump expressed intentions to “make sure the gold is there,” suggesting a physical check of the depository, while Musk fueled the conversation on X by questioning who verifies the gold’s presence and proposing a live-streamed walkthrough. This stemmed from long-standing public curiosity and conspiracy theories about whether the 147.3 million ounces of gold (as officially reported by the U.S. Mint) are still intact.
As of now, April 4, 2025, there’s no definitive public evidence that this inspection has occurred yet. Treasury Secretary Scott Bessent, appointed by Trump, has consistently stated that the gold is secure, citing annual audits, with the most recent one referenced in September 2024. Bessent has also offered to arrange visits for senators, indicating openness to scrutiny but no urgent action beyond routine checks. Trump’s comments, made on Air Force One and in speeches in February, suggested a future visit—“we’re going to go to Fort Knox”—but no specific date was confirmed, and no follow-up reports have detailed an actual trip by Trump or Musk to the facility.
Posts on social media and some news outlets reflect ongoing speculation, with some users claiming the gold might be “missing” or “restocked,” but these lack substantiation beyond Trump and Musk’s initial remarks. Official sources, like the U.S. Mint and Treasury, maintain that the gold—valued at over $400 billion at current market prices—remains accounted for, with only small samples removed for purity testing during scheduled audits. The last notable public visit by outsiders was in 2017, led by then-Treasury Secretary Steve Mnuchin, and no discrepancies were reported then.
So, the status? The idea was floated, it stirred public and media buzz, but there’s no concrete update as of today showing that Trump or Musk have followed through with a Fort Knox inventory. It remains a talked-about intention without a confirmed outcome—possibly still in planning, quietly dropped, or yet to be scheduled. Until then, conspiracy theories will remain.