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Former President Trump's proposal to revalue U.S. gold reserves could add $760 billion to government assets.
In 2021, former President Trump proposed creating a U.S. sovereign wealth fund funded partly by revaluing the nation's gold reserves at current market prices, potentially adding $750 billion to the government’s assets.
With gold reaching a record $2,940 per ounce, the U.S. reserves, currently valued at $11 billion, could be reassessed at $760 billion.
This move could allow the government to reduce debt or fund new initiatives, while also boosting global interest in gold as a financial safeguard amid economic uncertainties.
Central banks have been increasing their gold holdings, reflecting a broader strategy to diversify reserves.
La propuesta del ex presidente Trump de revalorizar las reservas de oro de EE.UU. podría agregar $760 mil millones a los activos del gobierno.