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Germany’s gold held in the United States is drawing increased scrutiny from economic experts. Concerns focus on access and control during times of crisis.
More than 1,200 tonnes of German gold are stored abroad, primarily in New York. This accounts for over one-third of the total reserves.
Economists advocating repatriation argue that political uncertainty could create barriers. They believe domestic storage offers greater certainty.
Others emphasize the benefits of international diversification. They say Germany gains flexibility by holding gold in global financial centers.
Officials maintain that Germany’s gold remains safe and accessible. No official shift in policy has been announced.