Gold rally lifts U.S. reserves to record $1 trillion valuation

U.S. gold reserves hit $1 trillion in value after record rally

The Treasury’s gold reserves have surpassed $1 trillion in value, more than 90 times what’s stated on the government’s balance sheet.

Gold Revaluation Buzzing Again as US Treasury Hoard Tops $1 Trillion for First Time

(Augusta Precious Metals)—The value of the United States Treasury’s gold reserves has now exceeded $1 trillion, a historic first driven by gold prices climbing 45% so far this year. This surge places the market value at over 90 times the official figure listed on the government’s books, which still relies on the $42.22 per ounce rate established back in 1973. With national debt continuing to mount and fiscal pressures building, economic insiders…

Price of gold tops $3,800 an ounce for first time

Gold rose as high as $3,831 as investors worried about federal finances in Washington looked for somewhere safe to put their cash.

Gold surges to record on weaker U.S. dollar, risk of shutdown

Gold climbed to a record above US$3,800 an ounce as precious metals surged, boosted by a weaker dollar as investors weighed a potential United States government shutdown.

RWA News: Gold-Backed Cryptos Near $3B Market as Bullion Blasts to Fresh Record Highs

Gold’s historic rally accelerated on Monday, with spot prices punching through $3,800 per ounce to set fresh all-time record, extending a torrid year in which bullion is up roughly almost 47% year-to-date.That surge is echoing on across crypto rails, with gold-backed tokens climbing to an all-time high market capitalization of $2.88 billion, CoinGecko data shows. Tokenized versions of the metal are backed by physical reserves but settle on block…

US gold reserves smash $1 trillion mark as precious metal hits fresh highs

The value of America’s gold hoard has topped $1 trillion for the first time as bullion smashes through record highs.