Could Fort Knox hold the key to the next gold price explosion? Treasury dismisses revaluation of the yellow metal, but markets smell opportunity
- Posted on February 24, 2025
- By Business News Today
- 3 Views
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Could Fort Knox hold the key to the next gold price explosion? Treasury dismisses revaluation of the yellow metal, but markets smell opportunity
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US gold reserves could be revalued to match current market rates. This move might significantly affect gold prices. The US Treasury holds about 261.6 million troy ounces of gold, worth $750 billion at today's prices, as per Fortune. US president Donald Trump is considering a visit to Fort Knox to check the reserves' status, accompanied by Elon Musk..