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German economists are raising alarms about the country’s gold holdings kept in the United States. The concerns stem from political unpredictability and shifting alliances.
Germany stores about 37% of its gold in New York, a decision rooted in historical trust and financial cooperation. This strategy has long been considered reliable.
However, critics argue that current global conditions demand caution. They say Germany should reduce dependence on foreign vaults.
Defenders of the existing policy say the gold remains secure and accessible. They warn against reacting to short-term political developments.
Officials insist that Germany’s gold holdings are audited regularly. For now, no policy change is planned.
