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How Much Gold Is in Fort Knox?

The complete guide to America's legendary gold vault — updated February 2026

Quick Answer

147.3M

troy ounces

4,580

metric tons

$736.7B+

at current prices

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Total Fort Knox Value

$736,709,290,000

147,341,858 oz × $5,000

Value per American

$2,199

Based on 335,000,000 population

% of U.S. National Debt

2.05%

Of $36 trillion debt

Book Value vs. Market Value

The U.S. government still values Fort Knox gold at $42.22 per ounce — a price set by the Par Value Modification Act of 1973.

Book Value$6.22 Billion

Based on $42.22/oz — set in 1973

Market Value~$736 Billion

Based on ~$5,000/oz — February 2026

Source: U.S. Treasury Fiscal Data

What Is Fort Knox?

The United States Bullion Depository — commonly known as Fort Knox — is a fortified vault building on the grounds of Fort Knox, a U.S. Army installation in Kentucky. Constructed in 1936 and receiving its first gold shipments in January 1937, the depository was built to store the nation's rapidly growing gold reserves during the Great Depression era.

Named after Henry Knox, the first U.S. Secretary of War and a key figure in the American Revolution, the depository was designed by architect Louis A. Simon in a stripped neoclassical style. The building itself is relatively modest in size — just 105 feet by 121 feet — but what it lacks in footprint, it makes up for in sheer impregnability.

39 trains. 215 rail cars. 5 months.

Soldiers with machine guns guarded every shipment of gold to the newly built depository.

How Much Gold Is in Fort Knox Today?

As of February 2026, Fort Knox holds 147,341,858 troy ounces of gold — roughly 4,580 metric tons. This represents about 56% of the total U.S. gold reserves, which are spread across multiple facilities.

Standard Gold Bar Specs

7"1.75"3.625"

Dimensions

7" × 3.625" × 1.75"

Weight

~27.5 lbs (400 troy oz)

U.S. Gold Reserves Breakdown

Fort Knox, KY147.3M oz(56%)
West Point, NY54M oz(21%)
Denver, CO43M oz(16%)
Fed Reserve NY13M oz(5%)
Other4M oz(2%)

The NY Fed vault holds 6,000+ tons total, but most belongs to foreign governments.

Source: U.S. Mint (usmint.gov)

Fort Knox vs. the World

A single U.S. vault holds more gold than any other entire country's reserves.

Source: World Gold Council, February 2026

Fort Knox Security: Why Nobody Gets In

The U.S. Bullion Depository is one of the most impenetrable structures ever built.

Vault Door

21 inches thick, weighs 20 tons, torch-and-drill resistant

Time Lock

100-hour time lock mechanism

Split Combination

No single person knows the full procedure to open

Surveillance

Night-vision cameras and microphones across the perimeter

Military Base

Adjacent to an active U.S. Army installation

Construction

16,000 cubic feet of granite, 750 tons of reinforcing steel

What Else Is Stored in Fort Knox?

📜

1941–1944

Declaration of Independence, U.S. Constitution, Bill of Rights

📖

WWII era

Gutenberg Bible, Lincoln's Gettysburg Address

👑

1940s–1978

Hungarian Crown Jewels (crown, sword, scepter, orb, cape of St. Stephen)

🏛️

1940s

One of four surviving copies of the Magna Carta

💊

1955–1993

Opium and morphine stockpile (enough to supply the entire U.S. for one year)

🪙

Today

Ten 1933 Double Eagle gold coins, a 1974-D aluminum cent, twelve gold Sacagawea dollars that flew on Space Shuttle Columbia

Has the Gold Been Audited?

1953

Last full public audit

1974

First civilian inspection (journalists + Congressional delegation). Treasury Secretary William Simon authorized it to quiet rumors.

2017

Treasury Secretary Steve Mnuchin visits with Senate Majority Leader Mitch McConnell. Tweets: "Glad gold is safe!"

2025

President Trump and Elon Musk call for a full audit. Rep. Thomas Massie introduces the "Gold Reserve Transparency Act" requiring independent physical audits every five years.

2026

Treasury Secretary Scott Bessent says "all the gold is present and accounted for." No video inspection has been released. At $5,000+/oz, the stakes are higher than ever.

The last full physical audit of Fort Knox was in 1953 — over 70 years ago. An independent audit would require an estimated 18–24 months and 44,400 man-hours.

Common Questions About Fort Knox Gold

How much gold is in Fort Knox?
Fort Knox holds 147.3 million troy ounces (4,580 metric tons) of gold bullion. This represents roughly 56% of the total U.S. gold reserves held across multiple depositories.
What is the gold in Fort Knox worth today?
At current gold prices above $5,000 per troy ounce, the gold in Fort Knox is worth approximately $736 billion at market value. However, the U.S. government carries it on its books at just $42.22 per ounce — a price set in 1973.
Has Fort Knox ever been audited?
The last full physical audit of Fort Knox was conducted in 1953 — over 70 years ago. Since then, there have been partial inspections and visits, but no comprehensive independent audit has been completed.
Can you visit Fort Knox?
No. Fort Knox is not open to visitors. It is one of the most heavily guarded facilities in the world, located on an active U.S. Army military installation. No public tours have ever been offered.
What else is stored in Fort Knox besides gold?
Over the decades, Fort Knox has safeguarded the Declaration of Independence, the U.S. Constitution, the Gutenberg Bible, the Hungarian Crown Jewels, and even a national stockpile of morphine. Today it also houses rare coins including 1933 Double Eagles.
Who owns the gold in Fort Knox?
The gold in Fort Knox is owned by the United States government. It is held by the U.S. Mint, which operates under the Department of the Treasury.
Is Fort Knox the largest gold vault in the world?
Fort Knox holds the most gold of any single government vault. However, the Federal Reserve Bank of New York holds more total gold — over 6,000 tons — though most of it belongs to foreign governments and international organizations.
Why is Fort Knox gold valued at $42.22 per ounce on government books?
The $42.22 per ounce book value was set by the Par Value Modification Act of 1973. The government has never updated this statutory price, which is why the book value of Fort Knox gold ($6.22 billion) is a fraction of its market value.

Fort Knox in Pop Culture

Goldfinger (1964)

James Bond film featuring a plot to irradiate Fort Knox's gold

Stripes (1981)

Comedy partially filmed at Fort Knox

Looney Tunes (1952)

Bugs Bunny and Yosemite Sam dig for Fort Knox gold

Everyday English

The phrase "as safe as Fort Knox" entered the American vocabulary

Why Does the U.S. Hold So Much Gold?

For most of the 20th century, the U.S. dollar was directly convertible to gold. Under the Bretton Woods system established in 1944, foreign governments could exchange dollars for gold at a fixed rate of $35 per ounce. This arrangement required the United States to hold massive gold reserves to back its currency — and Fort Knox was the centerpiece of that system.

In 1971, President Nixon ended dollar-to-gold convertibility, effectively taking the United States off the gold standard. But the gold never left. As former Federal Reserve Chairman Alan Greenspan once put it, the U.S. holds gold reserves "just in case we need it."

That reasoning has proven prescient. Central banks worldwide have been buying gold at record rates — China added gold to its reserves for 15 consecutive months through January 2026. Gold remains the ultimate confidence asset: a physical store of value that underpins trust in the U.S. dollar and the global financial system.

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Fort Knox Gold Value Over Time

Approximate market value of Fort Knox gold reserves, 2000–2026

Sources: U.S. Mint, Federal Reserve Bank of St. Louis (FRED), World Gold Council

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