The price of gold surged to $3,800 per ounce on Monday, sending the market value of U.S. gold reserves past the $1 trillion mark—but on the government's books, it's still worth pennies in comparison.
The U.S. holds 261.5 million troy ounces of gold, or 8,133 metric tons. That’s the largest stockpile in the world. At current market prices, this hoard is worth roughly $994 billion, just shy of $1 trillion.
