Book Value of U.S. Mint Held Gold Deep Storage: Fort Knox, KY
FKKYGBV • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,221,097,412.78
Year-over-Year Change
0.00%
Date Range
1/1/2012 - 6/1/2025
Summary
This trend tracks the book value of gold reserves stored at the Fort Knox Bullion Depository in Kentucky, representing a critical component of U.S. national monetary assets. The metric provides insight into the government's gold holdings and potential monetary policy implications.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The book value represents the recorded financial value of gold reserves maintained by the U.S. Mint at the Fort Knox facility, which serves as a strategic national asset and potential economic stabilization mechanism. Economists and policymakers use this data to assess the intrinsic financial strength and monetary flexibility of the United States.
Methodology
The value is calculated based on the official U.S. Treasury accounting methods, which record the gold reserves at a fixed historical price.
Historical Context
This data is utilized in macroeconomic analysis to understand national asset composition, potential monetary backing, and long-term economic resilience.
Key Facts
- Fort Knox contains approximately 147.3 million ounces of gold
- The facility has been a strategic gold storage site since 1937
- The gold is held as a national monetary reserve asset
FAQs
Q: How much gold is stored at Fort Knox?
A: Approximately 147.3 million ounces of gold are stored at the Fort Knox Bullion Depository, representing a significant portion of U.S. national gold reserves.
Q: Why does the U.S. maintain gold reserves?
A: Gold reserves serve as a financial backstop, provide economic stability, and can be used to support the national currency in times of economic uncertainty.
Q: How is the book value of gold calculated?
A: The book value is calculated using a fixed historical price set by U.S. Treasury accounting methods, which may differ from current market gold prices.
Q: Can the public visit Fort Knox?
A: The Fort Knox Bullion Depository is a highly secure military facility and is not open to public tours or visits.
Q: How often is the gold reserve data updated?
A: The gold reserve data is typically updated periodically by the U.S. Treasury and Federal Reserve, with major updates occurring annually or semi-annually.
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Citation
U.S. Federal Reserve, Book Value of U.S. Mint Held Gold Deep Storage: Fort Knox, KY [FKKYGBV], retrieved from FRED.
Last Checked: 8/1/2025