U.S. Treasury Gold Reserves Surge Past $1 Trillion Amid Market Turbulence

The U.S. Treasury's Gold reserves have eclipsed $1 trillion in market value, a staggering 90 times their book value of $11 billion. Gold prices soared to $3,824.50 per ounce on Monday, marking a 45% rally this year. Despite the surge, the official valuation remains pegged to the 1973 congressional mandate of $42.22 per ounce.

Investors are flocking to gold as a SAFE haven amid trade wars, geopolitical tensions, and fears of a funding crisis in Washington. Exchange-traded funds have seen significant inflows, while the Federal Reserve's rate cuts have further bolstered demand for the precious metal.

Treasury Secretary Scott Bessent briefly fueled speculation about revaluing the reserves at market prices, a MOVE analysts say could unlock hundreds of billions in spending capacity. The idea was quickly dismissed as unfounded, with no formal plans for revaluation under consideration.