With gold trading at more than $2,940 per troy ounce on the open market Tuesday, that means the Fort Knox gold has a market value of $434 billion, more than the market value of Europe’s most valuable public company, Tiffany and Louis Vuitton parent LVMH.

If the gold isn’t there, we’re going to be very upset,” the President said. His Treasury Secretary Scott Bessent has said it’s all “present and accounted for.“