Gold Reserve Transparency Act of 2025

The Gold Reserve Transparency Act of 2025 would require the Comptroller General (GAO) to hire an independent, third-party external auditor to perform a comprehensive audit of all U.S. gold reserves. The first audit must be completed within nine months of enactment, with subsequent audits every five years. The audit scope is broad: it covers physical assay and inventory of gold (including deep storage), assessment of physical security measures, and full accounting of encumbrances and all sales, purchases, or receipts related to the gold over the past 50 years. It also requires identifying all gold in which the U.S. Government has a direct or indirect interest, including holdings by third parties such as foreign central banks or international organizations. After each audit, the GAO must issue a public report to Congress and the Treasury within three months, making the results accessible online with no redactions except for specific security details. The bill also gives the GAO subpoena power and requires Treasury and other federal agencies to fully disclose relevant records to the GAO for purposes of the audit.