Polymarket has launched betting markets on whether an audit of the U.S. gold reserves at Fort Knox will occur. The prediction platform introduced wagers on the likelihood of an audit by May 2025 and its potential findings, as pressure grows on former President Donald Trump to take action.
Calls for an audit intensified after Kentucky Senator Rand Paul and commentator Glenn Beck pushed for transparency regarding the reserves. Beck even requested permission to film inside Fort Knox to verify its holdings.
Despite public pressure, Trump has remained silent on the issue. His past comments have raised doubts about whether the U.S. possesses all the gold it claims. Some analysts argue an audit would have minimal financial impact, while others suggest it could destabilize confidence in the dollar and boost Bitcoin prices.
Meanwhile, gold prices continue to rise, with Goldman Sachs raising its year-end price target to $3,100 per ounce amid growing economic uncertainty.
