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flag U.S. gold reserves hit a record $1 trillion in market value amid soaring prices, driven by global uncertainty and safe-haven demand.

flag U.S. gold reserves hit a record market value of over $1 trillion as prices surged past $3,824 an ounce—a 45% rise this year—driven by global uncertainty, safe-haven demand, and expectations of Federal Reserve rate cuts. flag Though the official value remains frozen at $42.22 per ounce since 1973, the nation’s 261.5 million ounces are stored at Fort Knox, West Point, Denver, and the New York Fed. flag A proposal to revalue the reserves was dismissed, despite its potential to unlock nearly $990 billion. flag Global central banks now hold more gold than U.S. Treasuries, reflecting shifting confidence in financial stability.

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