Germany’s overseas gold holdings have become a topic of strategic concern as global political dynamics evolve. Economists warn that long-standing arrangements may need reassessment.
With over 1,200 tonnes of gold stored in the United States, Germany depends heavily on foreign vaults. This structure was created during a period of strong transatlantic trust.
Some experts now argue that political unpredictability has increased the risk of overseas storage. They suggest repatriation would support Germany’s long-term economic independence.
Others believe the fears are exaggerated, noting that Germany has never lost access to its gold. They stress the importance of maintaining international financial cooperation.
Despite the debate, officials maintain that Germany’s gold strategy remains sound. No immediate changes are planned.