US Gold Reserves Hit $1 Trillion in Value After Record Rally

BloombergMonday, September 29, 2025 at 11:29:16 AM
US Gold Reserves Hit $1 Trillion in Value After Record Rally
The US Treasury's gold reserves have reached a remarkable milestone, surpassing $1 trillion in value, which is over 90 times the amount recorded on the government's balance sheet. This surge comes as gold prices hit new all-time highs, reflecting the precious metal's growing importance as a safe-haven asset. This development is significant as it highlights the strength of the US economy and the increasing demand for gold amidst global uncertainties.
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