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The idea of repatriating gold reserves from the United States is gaining attention in German economic circles. Concerns focus on long-term security and access.
Germany’s gold reserves are among the largest in the world. More than a third are stored in New York, with the remainder split between Frankfurt and London.
Some economists argue that overseas storage creates unnecessary dependencies. They believe domestic storage would reduce exposure to external risks.
Others counter that Germany benefits from having gold in major financial centers. They stress that existing arrangements have proven reliable.
Officials say Germany’s gold remains safe and diversified. No decision has been taken on altering storage locations.