What is Fort Knox used for?

Ever wanted to know what Fort Knox is used for? Get up-to-date information and reliable answers to your bullion and precious metals related questions here at ModernCoinMart's Complete Bullion Resource Center.

Fort Knox is an iconic United States Bullion Depository located in Kentucky’s Fort Knox Kentucky. The facility’s primary purpose is to store the United States’ precious metal bullion reserves. It is not a production facility, and no visitors are permitted. Operated by the United States Department of the Treasury, Fort Knox currently holds 147.3 million ounces of gold bullion. The facility’s gold is considered an asset of the United States, valued at 42.22 an ounce. 

The security measures taken at Fort Knox are among some of the most stringent in the world. Access to the depository is strictly controlled and monitored by the United States Mint Police force, surveillance cameras, motion detectors, and other advanced security systems. As such, it has become one of the most secure buildings on earth and an icon of American strength and resilience.

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