It’s highly unlikely. In 1933, Executive Order 6102 confiscated gold because the US was on the gold standard and needed to control money supply during the Depression. Today the dollar floats freely with no gold backing, so the government has no similar monetary need to seize gold.
Modern gold ownership is also far more legally protected: laws passed in 1974 restored Americans’ right to own gold, and confiscation would likely trigger serious legal and political backlash, plus practical difficulty tracking modern holdings (ETFs, overseas vaults, digital records).
That said, extreme scenarios (severe crisis, new currency system) could theoretically revive such policies, though most economists and policy analysts view this as a fringe concern rather than a realistic near-term risk.