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President Trump Says He Still Plans Fort Knox Audit Over U.S. Gold Reserve

The statement says President Trump intends to verify that Fort Knox holds its reported $700 billion in gold and that the reserve has not been stolen.

Fact Check
Both sources directly corroborate the claim. The NY Post article, a high-authority primary news source, reports Trump's own words expressing his desire to personally visit Fort Knox and verify the gold reserve, valued at approximately $700 billion (~147.3 million ounces). The social media post from WatcherGuru echoes the same information and links to the NY Post article. The claim accurately reflects Trump's stated intention to audit Fort Knox and confirm the gold has not been stolen. The minor uncertainty stems from the fact that Trump expressed a desire rather than a confirmed scheduled audit, but the core substance of the claim is well-supported.
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Summary

President Trump said he still plans to audit Fort Knox, the U.S. Army installation in Kentucky that stores a major share of the country’s gold reserves, to confirm that its reported $700 billion in gold remains in place. The source provides no timetable, agency involvement, or further procedural details. In market terms, gold reserves are part of sovereign reserve assets, which are closely watched because they underpin confidence in a country’s balance sheet and financial credibility.

Terms & Concepts
  • Gold reserve: Official gold holdings kept by a government or central authority as part of its reserve assets.
  • Audit: A formal review or verification process used to confirm that reported assets exist and match official records.
  • Reserve assets: State-held financial assets, such as gold or foreign currency, used to support confidence and financial stability.