Deutsche Welle (DW) has reported that about one-third of Germany’s gold reserves – around 1,236 tons – are stored in the vaults of the Federal Reserve Bank in New York. This has triggered debate in Germany about whether these assets are truly safe, especially under Donald Trump’s unpredictable policies.
The Bundesbank explained that storing gold across Frankfurt, New York, and London is a strategic decision, ensuring quick access in emergencies and strengthening international trust. However, German politicians have warned that keeping such a large share abroad could pose risks if political or economic tensions arise with Washington.
Between 2013 and 2017, Germany repatriated hundreds of tons of gold from New York and Paris to Frankfurt to reassure the public. Still, questions remain over whether Germany’s gold in “Trump’s America” is in safe hands.
Sources – Agencies
