Germany’s gold storage policy is facing growing reassessment amid geopolitical uncertainty. Economists are questioning whether old strategies still apply.
The country’s gold reserves are valued at nearly €450 billion, with around 37% stored in the United States. This reflects long-standing financial arrangements.
Supporters of repatriation argue that strategic assets should be kept under national control. They see gold as a safeguard in times of crisis.
Critics warn that repatriation could have unintended diplomatic consequences. They emphasize stability and cooperation.
Officials continue to stress that Germany’s gold remains secure and diversified. No immediate policy shift has been announced.