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Experts in Germany are divided over whether the country should continue storing gold reserves in the United States. The debate reflects wider concerns about political unpredictability.
Approximately 37% of Germany’s gold is held in New York. This arrangement has been in place for decades and has supported global trade.
Some economists warn that political tensions could complicate access to reserves in times of crisis. They argue for greater domestic control.
Others believe such fears are overstated. They point to strong institutional safeguards and long-standing financial partnerships.
Officials continue to stress that Germany’s gold is safe and regularly audited. For now, policy remains unchanged.