There's a number buried in U.S. law that hasn't changed since 1973.

$42.22 per ounce.

That's still the official value of America's gold reserves.

Today, gold trades thousands of dollars higher.

The United States holds over 260 million ounces of gold.

On paper, it's valued at roughly $11 billion.

At market prices, it's worth over $1 trillion.

It will move before most investors realize what's happening.

Those who positioned early benefited.

Those who waited for confirmation were forced to react.

See what this could mean for your investments here

A former CIA official was arrested Thursday after FBI agents discovered approximately $40 million worth of gold bars at his Virginia home while investigating whether he lied about his background. The discovery has raised serious questions about potential corruption deep inside U.S. intelligence.

The Justice Department has launched a criminal investigation into whether E. Jean Carroll committed perjury in her civil lawsuits against President Trump — a major escalation that also includes a probe into billionaire Reid Hoffman's outside funding of her litigation. Carroll's team is calling it politically motivated.

Iran fired a missile at a U.S. air base in Kuwait just hours after American forces struck targets inside the Islamic Republic, with both sides accusing the other of violating a shaky ceasefire. Trump dismissed pressure to end the conflict, leaving diplomatic off-ramps increasingly narrow as energy markets remain on edge.

The head of the World Health Organization warned of a 'catastrophic collision of disease and conflict' in eastern Congo, urging an immediate ceasefire to help contain a rapidly spreading Ebola outbreak. Uganda has already closed its border with the DRC as officials admit the virus is currently spreading faster than containment efforts can manage.

Costco says it saw record-breaking gasoline volumes in its latest quarter, with soaring fuel prices — driven by the Iran war's disruptions around the Strait of Hormuz — actually pushing new members to its stations for cheaper fill-ups. The warehouse giant beat earnings expectations as budget-conscious shoppers seek out any savings they can find.

A growing share of car buyers are now saddled with monthly auto loan payments exceeding $1,000, and the biggest culprits aren't Ferraris — they're everyday pickup trucks like the Ford F-150, Chevy Silverado, and Ram 1500. The trend points to deepening affordability pressures on middle-income American households.

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Clashes between armed groups in Colombia kill at least 52

Russian drone strikes Romanian apartment building, Romania says