Description
US Gold Reserves are reported by the United States Department of the Treasury. This indicator measures the total amount of gold held by the US government. Gold reserves are often seen as a barometer of a country's financial stability and economic strength. Generally, higher gold reserves are considered positive, indicating strong financial backing, while lower reserves may be perceived as a sign of economic vulnerability.
The total amount of gold reserves is calculated based on the physical gold held by the US government, stored in secure locations like Fort Knox. Reserves are typically measured in metric tons.
Data on gold reserves is updated monthly, with the latest figures usually released within the first week of each month.