- Much attention has been focused on U.S. gold reserves in recent days, especially the stockpile in Fort Knox. While Treasury Secretary Scott Bessent dismissed the possibility of revaluing the stash of gold to market levels, an analyst said that would be bullish for prices, which have already been on a tear.
Revaluing U.S. gold reserves to match current market conditions would add more momentum to prices as it would signal the precious metal isn't an anachronistic asset, according to a Wall Street analyst.
